Kate Spade exploring sale: WSJ
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Wells Fargo Views Kate Spade (KATE) as an Attractive Takeover Target, Says Could Fetch $23/Share in a Deal
December 28, 2016 2:26 PM ESTWells Fargo analyst Ike Boruchow was the latest to weigh in on Kate Spade (NYSE: KATE) amid reports the company considering a sale.
Boruchow notes the report comes at a time when brand houses like VFC, PVH, HBI, KORS, and COH have said they are looking to make a branded acquisition, and KATE could be one of the strongest candidates.
"While other brands are seeing negative comps, pulling back on wholesale... More
Kate Spade (KATE) Worth $21-$23/Share in a Deal, Coach (COH) Seen as Possible Buyer - Mizuho
December 28, 2016 1:44 PM ESTMizuho Securities analyst Betty Chen weighed in on Kate Spade (NYSE: KATE) following reports from the WSJ that the company is exploring a sale.
Chen said according to relevant historical deals, we believe KATE could be valued as high as... More
