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KORS

Michael Kors

$56.29

0.14 (0.25%)

12:19
11/21/17
11/21
12:19
11/21/17
12:19

Michael Kors to hire Francesca Leoni as new Chief Brand Officer

Michael Kors Holdings announced that it has named Francesca Leoni as the new Senior VP, Chief Brand Officer for the Michael Kors brand reporting to John Idol, the company's Chairman and CEO. She will be joining Michael Kors on February 5, 2018. Since 2010, Ms. Leoni has been the Worldwide Communications Director at Valentino in Rome.

  • 11

    Dec

KORS Michael Kors
$56.29

0.14 (0.25%)

11/21/17
JEFF
11/21/17
NO CHANGE
Target $62
JEFF
Buy
Jefferies upside case has Michael Kors shares hitting $78
Jefferies analyst Randal Konik believes his upside case of $78 per share is more likely than his $62 price target for Michael Kors. The analyst left recent meetings with management "impressed" with the company's long-term plan to grow the Kors brand while "forging a fashion luxury group via Jimmy Choo." Konik likes the near-term setup for the shares with a "low bar" for the holiday seasons and "easy" compares in 2018. He keeps a Buy rating on Kors with a $62 price target.
11/07/17
11/07/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Michael Kors (KORS) resumed with a Neutral at BofA/Merrill. 2. Lowe's (LOW) was initiated with an Overweight at KeyBanc while Home Depot (HD) was initiated with a Sector Weight. 3. OptiNose (OPTN) was initiated with an Outperform at BMO Capital and RBC Capital, an Overweight at Piper Jaffray, and a Buy at Jefferies. 4. LendingClub (LC) initiated with a Buy at Maxim. 5. LKQ Corp. (LKQ) initiated with an Outperform at Wolfe Research. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
11/07/17
11/07/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Under Armour (UAA, UA) upgraded to Neutral from Negative at Susquehanna with analyst Sam Poser saying his downside thesis has played out. He now believes the downside is limited and the bar may have been set low enough to hit the reset button, although business will be challenging for some time. Poser lowered his price target to $11 from $15 on Under Armour shares. 2. Michael Kors (KORS) upgraded to Neutral from Sell at MKM Partners with analyst Roxanne Meyer saying the latest second quarter earnings show that the company has delivered on its strategies, reporting better first-half comps and improved gross margins. 3. AutoWeb (AUTO) upgraded to Outperform from Market Perform at Barrington with analyst Gary Prestopino saying he believes management has stabilized the business after its third quarter results were in-line and guidance for 2017 was maintained. 4. Las Vegas Sands (LVS) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Thomas Allen saying he now expects Macau gaming revenue to grow at a 10% compound annual growth rate through 2022 given China's transition to a high income economy, continued development and improving infrastructure. 5. Booz Allen (BAH) upgraded to Buy from Hold at Jefferies with analyst Sheila Kahyaoglu saying she views the post-earnings pullback in the shares as a buying opportunity. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/07/17
SBSH
11/07/17
NO CHANGE
Target $60
SBSH
Neutral
Citi says difficult to recommend Michael Kors after 40% rally
As good as Michael Kors' Q2 report seems, it is also "puzzling in several ways," Citi analyst Paul Lejuez tells investors in a research note. The analyst believes the primary question is whether the "sudden turnaround" in Q2 is sustainable. He finds it difficult to recommend the stock following the 40% rally over the past months. Lejuez raised his price target for Kors shares to $60 from $37 and keeps a Neutral rating on the name.

TODAY'S FREE FLY STORIES

KR

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ST

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UNM

Unum Group

$56.40

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HON

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JLL

Jones Lang LaSalle

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AAPL

Apple

$171.70

-0.97 (-0.56%)

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Apple hires Matthys, Grazier for business affairs on content team, Variety says »

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AMTD

TD Ameritrade

$52.69

0.61 (1.17%)

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Syndicate
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HUBS

HubSpot

$82.70

-0.7 (-0.84%)

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HubSpot management to meet with Needham »

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VZ

Verizon

$53.19

1.35 (2.60%)

07:50
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Verizon management to meet with Deutsche Bank »

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  • 13

    Dec

CRL

Charles River

$104.57

0.67 (0.64%)

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PAY

Verifone

$18.47

0.28 (1.54%)

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Technical View: Verifone falls after earnings and outlook disappoint »

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  • 14

    Dec

FRED

Fred's

$3.77

-0.19 (-4.80%)

07:49
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  • 14

    Dec

NICE

Nice

$87.71

0.03 (0.03%)

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  • 26

    Feb

PM

Philip Morris

$107.30

1.26 (1.19%)

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HXL

Hexcel

$60.98

1.64 (2.76%)

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PYPL

PayPal

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AMZN

Amazon.com

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AEE

Ameren

$61.36

-1.8425 (-2.92%)

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AAPL

Apple

$171.70

-0.97 (-0.56%)

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BLUE

bluebird bio

$190.95

-10.85 (-5.38%)

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  • 13

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PRLB

Proto Labs

$95.85

1.85 (1.97%)

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TRN

Trinity Industries

$36.88

1.08 (3.02%)

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PRLB

Proto Labs

$95.85

1.85 (1.97%)

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AEP

American Electric

$76.02

-1.06 (-1.38%)

07:38
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AAPL

Apple

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Finisar

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