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Moonshot for Fossil, here's who called it

Published 02/14/2018, 09:07 AM
© Reuters.  Moonshot for Fossil, here's who called it
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  • Fossil (NASDAQ:FOSL) is skyrocketing in premarket trading as the company's transition to an e-commerce/wearable tech player is being taken very seriously by investors.
  • KeyBanc, which was on the right side of the rally with on Overweight rating on Fossil, is now lifting its price target up to $25 from $15. On the flip side, Bank of America Merrill Lynch (NYSE:BAC) had an Underperform rating on Fossil into the report.
  • There's also a tip of the hat to L&F Capital Management and DTF Capital for their calls in January on Seeking Alpha to buy shares of Fossil.
  • Previously: Fossil skyrockets after comp sales stunner (Feb. 13)
  • FOSL +76.99% premarket to $16.00.
  • Now read: Edgewell Personal Care announces the appointment of Rod R. Little as CFO


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