BofA/Merrill Lynch Downgrades Michael Kors (KORS) to Neutral
Tweet
Share
E-mailGet Alerts KORS Hot Sheet
Price: $37.92 --0%
Rating Summary:
15 Buy, 25 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 10 | New: 23
Rating Summary:
15 Buy, 25 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 17 | Down: 10 | New: 23
Join SI Premium – FREE
BofA/Merrill Lynch downgraded Michael Kors (NYSE: KORS) from Buy to Neutral with a price target of $60.00 (from $100.00). The change follows Q4 results and soft Q1 and FY16 guidance. Analyst Robert Ohmes pointed to uncertain global same-store-sales and operating margin outlook.
For an analyst ratings summary and ratings history on Michael Kors click here. For more ratings news on Michael Kors click here.
Shares of Michael Kors closed at $60.59 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Taysha Gene Therapies (TSHA) PT Raised to $10 at BofA Securities
- KGI Securities Downgrades Apple (AAPL) to Hold
- SiteOne Landscape Supply (SITE) PT Lowered to $153 at Stifel
Create E-mail Alert Related Categories
Analyst PT Change, DowngradesRelated Entities
Robert OhmesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
