Interesting way to keep the target, Citigroup says "earning will be better than FEARED". What in the world did Citigroup fear?? Any idea? Did Citigroup make some other profound comment that relates to this feared statement?.
Not sure on the 'feared' BUT CITI was the only firm before Q 3 to lower eps & price target for the quarter. When Q3 was announced CITI put KORS back on their most favbored list.
Hey, all just before earnings CITI, Morgan Stanley (the same people I met at the street fair) Goldman Sachs, Piper Jaffrey are all weighing in with positive comments. These are gutsy calls for analysts who usually stick their neck out After the fact.