Maxim analyst Thomas Forte raised the firm’s price target on Fossil (FOSL) to $7 from $5 and keeps a Buy rating on the shares following a Q4 sales beat and FY26 revenue guidance that came in above expectations.
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Read More on FOSL:
- Fossil: Turnaround Gaining Traction on Cost Resets, Margin Rebuild, and Renewed Watch Demand Supports Buy Rating
- Closing Bell Movers: Netscope down 17%, UiPath down 5% on earnings
- Fossil reports Q4 EPS (33c) vs. (14c) last year
- Fossil sees FY26 sales down 6% to down 4%
- Fossil up 10% at $4.54 after Q4 results and guidance