Fossil

Jefferies & Company has raised the price target on Fossil, Inc. (NASDAQ: FOSL) from $85 to $95 and maintains its Buy rating.

Piper Jaffray has raised the price target on Fossil, Inc. (NASDAQ: FOSL) from $78 to $89 and maintains its Overweight rating.

Jefferies & Company said that it believes investors should stay long in the specialty retail group and use any near-term weakness as a buying opportunity. “We seem accelerating comps, reasonable valuations, muted 2H'10 expectations, and negative sentiment as reasons to own the group in size,”...

J.P. Morgan published its research report on Fossil, Inc. (NasdaqGS: FOSL) this morning in which they raise the price target from $42.00 to $68.00. J.P Morgan writes, "We are establishing our December 2011 price target of $68 which is based on 16x our 2011 EPS estimates, above the group trading at...

While all companies are seeing cost inflation creep up, Jefferies & Company reports that not all are managing the issues (and Street expectations) the same. Bottom line, each company is unique. More importantly, we continue to expect a strong holiday season. “In our opinion, companies best...

Piper Jaffray says that it is increasingly confident in its thesis that high-end retailers will outperform those catering to a moderate-income customer. “Based on our proprietary analysis, wages for highest quintile increased 4.0% y/y in September –representing an acceleration of 20 bps from...