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Enter Symbol:
 
Movado Group Inc. (MOV) [hlAlert]

Rating:
Buy MOV
down 36.38 %

Movado Group Inc. (MOV) rated Buy with price target $56 by Dougherty & Company

Posted on: Thursday,  Dec 12, 2013  11:25 AM ET by Dougherty & Company

Dougherty & Company rated Buy Movado Group Inc. (NYSE: MOV) on 12/12/2013, when the stock price was $42.55.
Since then, Movado Group Inc. has lost 36.38% as of 11/30/2015's recent price of $27.07.
If you would have followed this Dougherty & Company 's recommendation on MOV, you would have lost 36.38% of your investment in 718 days.

Movado Group, Inc. (Movado Group) designs, sources, markets and distributes watches and jewelry. Its portfolio of brands includes Movado, Ebel, Concord, ESQ, Coach Watches, HUGO BOSS Watches, Juicy Couture Watches and Tommy Hilfiger Watches and Lacoste Watches. The Company also designs, develops and markets Movado-branded jewelry, which it retails in its Movado Boutiques. The Company conducts its business primarily in two operating segments: wholesale and retail. The Company?s wholesale segment includes the design, development, marketing and distribution of watches, in addition to revenue generated from after-sales service activities and shipping. The retail segment includes the Company?s Movado Boutiques and its outlet stores.

Team The research group is composed of five senior analysts and two associate analysts. The senior analysts collectively have 44 years of securities industry experience, and include 3 MBA's, 2 CPA's, 2 PE's (professional engineer), a CFA and a CMA. The team has come together out of a passion for overlooked or misunderstood investment opportunities – generally in smaller-cap companies – and a love of in-depth research, with special emphasis on independent information sources and innovative thinking. Coverage Our research coverage is idea driven and balances the twin demands of opportunism for flexibility and universe consistency for maximization of information sources. Current sub-sectors of interest include: * Specialty retail * Internet security * Internet media * Auto-identification and data capture (AIDC & RFID) * Mobile computing * Specialty manufacturing * Chronic care management * Outpatient services * Medical devices * Healthcare IT
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2013 11:25 AM Buy
None
42.55 56.00
as of 12/13/2013
1 Week down  -0.14 %
1 Month   
3 Months   
1 YTD down  -0.14 %

(*) Stock Price at the time of the recommendation.
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