Zacks Upgrades Kate Spade & This really is to "Neutral" (KATE)

Kate Spade & Co (NASDAQ: KATE) had to be upgraded by Zacks from an "underperform" rating to a "neutral" rating inside a report released on Thursday, Analyzer Ratings Network. com reports. Ones firm currently has a $37. complete price target on the stock. Zacks's price objective indicates a potential potential of 2. 38% from the company's alternating current price.

Shares of Kate Spade & Co (NASDAQ: KATE) traded in down 0. 16% during middle day trading on Thursday, hitting $36. 96. The stock had a getting volume of 863, 748 shares. Kate Spade & Co has a twelve months low of $18. 13 even a 1-year high of $40. 75. Ones stock has a 50-day moving regular of $34. 71 and a 200-day moving average of $30. 40. The company has a market cap together with $4. 561 billion and a price-to-earnings ratio of 62. 75.

Several other analysts have also recently weighed around on KATE. Analysts at Barclays initiated coverage on shares together with Kate Spade & Co inside a research note on Tuesday, Race 18th. They set an "overweight" rating and a $50. 00 price level target on the stock. Separately, industry experts at Citigroup Inc. upgraded offers of Kate Spade & This really is from a "neutral" rating to a "buy" rating in a research note forward Monday, March 3rd. Finally, industry experts at Telsey Advisory Group bred their price target on offers of Kate Spade & This really is from $38. 00 to $30. 00 in a research note forward Wednesday, February 26th. They now get a "not rated" rating on the have. Two analysts have rated the have with a hold rating and unknown people have assigned a buy standing to the company's stock. The have currently has an average rating together with "Buy" and a consensus target associated with $42. 63.

Kate Spade dan Co, formerly Fifth & Pacific cycles Companies Inc, designs and industries a portfolio of retail-based, quote brands, including JUICY COUTURE, KATE SPADE and LUCKY BRAND.

To examine Zacks' full report, visit Zacks' official website.

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