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Fly News Breaks for February 14, 2018
FOSL
Feb 14, 2018 | 10:49 EDT
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.
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