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KORS

Michael Kors

$72.72

-0.33 (-0.45%)

19:01
09/20/18
09/20
19:01
09/20/18
19:01

Michael Kors names Andrea Pesaresi head of Men's business

Michael Kors Holdings is pleased to announce that Andrea Pesaresi has been named President of Michael Kors Men's. He will report to John D. Idol, the company's Chairman and Chief Executive Officer. Mr. Pesaresi's appointment will be effective October 15, 2018. Mr. Pesaresi was most recently at Philippe Model, where he served as Chief Executive Officer. Prior to that, Mr. Pesaresi was at Ermenegildo Zegna for 25 years, where his most recent role was brand director of Z Zegna and Licensing which encompassed product development, brand strategy, international expansion and marketing.

  • 20

    Sep

KORS Michael Kors
$72.72

-0.33 (-0.45%)

08/09/18
MKMP
08/09/18
NO CHANGE
Target $74
MKMP
Neutral
Michael Kors price target raised to $74 from $68 at MKM Partners
MKM Partners analyst Roxanne Meyer raised her price target on Michael Kors to $74 after its Q1 earnings beat and raised FY19 guidance, saying the company is showing more evidence of sales stabilization as a result of product innovation and inventory management. Meyer notes that the positive comps should drive sustained sales growth and margin expansion, while also expressing more confidence in a 2020 inflection coming from reduced discounting. Meyer keeps her Neutral rating on Michael Kors, but adds that she will "look to get more constructive with continued evidence of improved fundamentals".
08/09/18
ADAM
08/09/18
NO CHANGE
Target $90
ADAM
Buy
Michael Kors price target raised to $90 from $84 at Canaccord
Canaccord analyst Camilo Lyon raised his price target on Michael Kors to $90 from $84 following solid Q1 results. The analyst said the beat was due to broad based sales, gross margins, expense leverage, and a positive tax rate. He said the key elements of his Buy thesis are in place and trending upwards, strong free cash flow is being deployed for buybacks, and the shares are at an attractive valuation. Lyon reiterated his Buy rating on Michael Kors shares.
08/09/18
NOMU
08/09/18
NO CHANGE
Target $85
NOMU
Buy
Michael Kors price target raised to $85 from $80 at Nomura Instinet
Nomura Instinet analyst Simeon Siegel raised his price target for Michael Kors to $85 saying yesterday's Q1 results showed top-line strength and meaningful margin expansion. Kors has been "showing remarkable strides as one of the best Shrink to Grow stories," but its multiple is lagging meaningfully behind peers, the analyst adds. He reiterates a Buy rating on the shares.
08/17/18
PIPR
08/17/18
NO CHANGE
Target $71
PIPR
Neutral
Michael Kors price target raised to $71 from $66 at Piper Jaffray
Piper Jaffray analyst Erinn Murphy raised her price target for Michael Kors to $71 from $66 but maintained a Neutral rating following the company's Q1 results, telling investors in a research note that she continues to maintain her sidelined stance. Though she raised her estimates for Q2 and FY19/FY20 based on an improved Q1, she would like to see more evidence of a sustained improvement at retail.

TODAY'S FREE FLY STORIES

JNJ

Johnson & Johnson

$133.75

-0.03 (-0.02%)

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JNJ

Johnson & Johnson

$133.75

-0.03 (-0.02%)

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JNJ

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GMXAY

Genmab

$0.00

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CMA

Comerica

$83.69

-1.04 (-1.23%)

06:45
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INFY

Infosys

$9.90

0.16 (1.64%)

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BLK

BlackRock

$427.40

-0.18 (-0.04%)

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TSLA

Tesla

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0.47 (0.18%)

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QCOM

Qualcomm

$64.18

-0.1 (-0.16%)

06:38
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Periodicals
Qualcomm, FTC ask judge to delay ruling to pursue settlement, Reuters reports »

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  • 16

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TPR

Tapestry

$43.09

-0.72 (-1.64%)

06:38
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Tapestry rating change  »

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  • 19

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WMT

Walmart

$93.85

-0.93 (-0.98%)

06:36
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Earnings
Walmart cuts FY19 adjusted EPS view to $4.65-$4.80 from $4.90-$5.05 »

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GSV

Gold Standard Ventures

$1.70

-0.09 (-5.03%)

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WMT

Walmart

$93.85

-0.93 (-0.98%)

06:35
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Breaking Earnings news story on Walmart »

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HBB

Hamilton Beach

$19.40

0.5 (2.65%)

06:33
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GWR

Genesee & Wyoming

$84.16

0.83 (1.00%)

06:33
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  • 30

    Oct

FHN

First Horizon

$15.99

-0.11 (-0.68%)

06:32
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Earnings
First Horizon reports Q3 EPS 36c, consensus 36c »

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AZN

AstraZeneca

$37.46

0.31 (0.83%)

, MRK

Merck

$69.46

-0.31 (-0.44%)

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MRK

Merck

$69.46

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AMZN

Amazon.com

$1,760.99

-27.64 (-1.55%)

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ESPR

Esperion

$44.94

-1.21 (-2.62%)

, MRK

Merck

$69.46

-0.31 (-0.44%)

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ESPR

Esperion

$44.94

-1.21 (-2.62%)

MRK

Merck

$69.46

-0.31 (-0.44%)

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AMZN

Amazon.com

$1,760.99

-27.64 (-1.55%)

06:22
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Periodicals
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TSQ

Townsquare Media

$7.40

0.09 (1.23%)

06:21
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Conference/Events
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  • 16

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TLRY

Tilray

$165.71

17.56 (11.85%)

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SPRO

Spero Therapeutics

$9.83

0.23 (2.40%)

06:18
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Spero Therapeutics rating change  »

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RACE

Ferrari

$115.06

-1.34 (-1.15%)

, PYPL

PayPal

$77.22

-1.8 (-2.28%)

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PYPL

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ADP

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NTAP

NetApp

$75.35

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MBWM

Mercantile Bank

$32.28

0.59 (1.86%)

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  • 16

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HF

HFF Inc.

$36.99

0.6 (1.65%)

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HFF sells Sheraton Denver Downtown Hotel »

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BBY

Best Buy

$73.00

0.51 (0.70%)

, SHLD

Sears

$0.31

-0.0901 (-22.52%)

06:16
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Best Buy, Sears analyst commentary  »

Best Buy to be major…

BBY

Best Buy

$73.00

0.51 (0.70%)

SHLD

Sears

$0.31

-0.0901 (-22.52%)

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