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FOSL

Fossil

$14.21

-0.165 (-1.15%)

05:25
04/25/18
04/25
05:25
04/25/18
05:25

Fossil signs global license partnership with PUMA for watches, smartwatches

Fossil Group and PUMA SE signed a global license partnership agreement for the design, development and distribution of PUMA watches and smartwatches through 2028. PUMA and Fossil Group will collaborate on the design and manufacturing of PUMA-branded watches and smartwatches, with products planned to hit the market in 2019. The new products will be available through select department stores, specialty retailers and e-commerce channels in Fossil Group's extensive global network.

FOSL Fossil
$14.21

-0.165 (-1.15%)

02/14/18
OPCO
02/14/18
NO CHANGE
OPCO
Fossil trading higher on short covering, says Oppenheimer
Oppenheimer analyst Anna Andreeva said she does not see much of a fundamental change after Fossil's Q4 earnings results, noting the company guided Q1 sales down sharply, and believes the stock -- which is heavily shorted -- is up on covering. Oppenheimer continued to rate Fossil a Perform. Note that Fossil shares are trading almost 59% higher in late morning trading to $14.40.
02/14/18
KEYB
02/14/18
NO CHANGE
Target $25
KEYB
Overweight
Fossil price target raised to $25 from $15 at KeyBanc
KeyBanc analyst Edward Yruma raised his price target for Fossil to $25 from $15 as he believes the company is finally making demonstrable progress in its transformation. Strength in wearables has meaningfully changed the trajectory in watch sales and cost-reduction efforts should drive $150M-$200M in adjusted EBITDA, he contends. Further, the analyst believes a recent amendment lowers the near-term risk profile and potential upside is significant. Yruma reiterates an Overweight rating on the shares.
01/05/18
BUCK
01/05/18
DOWNGRADE
Target $5
BUCK
Underperform
Fossil downgraded to Underperform, expectations high, says Buckingham
As previously reported, Buckingham downgraded Fossil to Underperform form Neutral and maintained a $5 price target. Analyst Scott Krasik believes higher expectations from tax reform are built into current valuation.
01/05/18
BUCK
01/05/18
DOWNGRADE
BUCK
Underperform
Fossil downgraded to Underperform from Neutral at Buckingham

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BX

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NTDOY

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KO

Coca-Cola

$46.06

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VIPS

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GDEN

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$NSD

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$NYE

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