Wed, Mar 4, 2015, 3:36 AM EST - U.S. Markets open in 5 hrs 54 mins

Recent

% | $
Quotes you view appear here for quick access.

Michael Kors Holdings Limited Message Board

  • qofaslave69 qofaslave69 Jun 25, 2013 11:34 AM Flag

    Nice Bounce

    Off $56.15 yesterday... But, $66 to $56 after blowout earnings is not the stuff of leaders...

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Whipsaw again and again and again. Somebody is making money week after week month after month. One day it will become a true leader and the loyal followeres will complain that it took too long and the 4th SPO if not for that we would be at an $100....LOL long and holding to my conviction. I need to come back to the world around christmas time and see where we are at

    • I actually agree with the assessment of Dave Weiner of Deutsche Bank.

      His price target on Michael Kors is $70: “Key drivers: (1) huge global accessories share gains, (2) an impressive NA retail store runway, (3) continued F14 productivity lift via shop-in-shop conversions, and (4) tight promotions. While further insider sales & mgmt. warnings that trends will ‘normalize’ on tough discounting compares are risks, we believe this is already known.”

      The price target is a bit low at $70. He is wise enough to put a hold rating on UA and LULU...

      When was the last time KORS got a bounce from an upgrade or intiation with a higher price target..

 
KORS
68.34+0.39(+0.57%)Mar 3 4:05 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.