Analysts: Michael Kors Is Poised For Earnings Beat and 3 More Research Notes to Browse
Michael Kors (NYSE:KORS): Piper Jaffray is expecting a solid Q4 earnings beat later this month, and said it would continue adding to its position. Current retail trends have been strong, and the firm accordingly reiterates its Overweight rating with a $77 price target.
Aeropostale (NYSE:ARO): New merchandising leadership, improved spring product assortment, potential new store format productivity, and valuation were cited for BMO Capital’s upgrade from Market Perform to Outperform, and subsequent price target raise from $13 t0 $20.
Tesla Motors (NASDAQ:TSLA): Deutsche Bank says it is not taking a view on the current share price, as it believes short-covering could support the stock price for some time. While keeping its Hold rating on the shares, the firm raised its price target from $35 to $50.
E*Trade Financial (NASDAQ:ETFC): Valuation concerns and a lack of catalysts have led Barclays to lower its rating on E*Trade, from Equal Weight to Underweight, and its price target from $10 to $9.