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Stocks M / Michael Kors Holdings

URL:  http://boards.fool.com/one-more-citigroup-is-at-166-for-fiscal-2013-30313443.aspx

Subject:  Re: More Analysts Date:  10/11/2012  12:43 PM
Author:  originalupndn Number:  22 of 119

One more, Citigroup is at $1.66 for fiscal 2013, they're not soft balling
it like other analysts.

http://www.dailypolitical.com/finance/stock-market/citigroup...

Equities researchers at Citigroup lifted their target price on shares of Michael Kors Holdings Ltd (NASDAQ: KORS) to $68.00 in a report issued on Friday.

The analysts wrote, “We raise our full year EPS estimate to $1.66 (from $1.45) on new guidance and incremental fixed cost everage, we model comps +35% and believe KORS is well positioned to exceed conservative guidance given our channel checks, industry contacts, and conservative guidance. We are also raising our price target to $68 (from $65) on 30x. Our price target implies +30% ETR.”


Humm ETR, they got me on that one. Must be upside gain to the target.
JT
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