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Enter Symbol:
Kate Spade & Company (KATE) [hlAlert]

Neutral KATE
down 45.34 %

Kate Spade & Company (KATE) downgraded to Neutral by Monness Crespi & Hardt

Posted on: Monday,  Nov 2, 2015  8:25 AM ET by Monness Crespi & Hardt

Monness Crespi & Hardt rated Neutral Kate Spade & Company (NYSE: KATE) on 11/02/2015. Previously Monness Crespi & Hardt rated Buy Kate Spade & Company
(NYSE: KATE) on 02/02/2015., when the stock price was $32.20. Since then, Kate Spade & Company has lost 45.34% as of 11/02/2015's recent price of $17.60.
If you would have followed the previous Monness Crespi & Hardt's recommendation on KATE, you would have lost 45.34% of your investment in 273 days.

Liz Claiborne, Inc. (LizClaiborne), incorporated in January 1976, designs and markets a global portfolio of retail-based brands, including JUICY COUTURE, KATE SPADE, LUCKY BRAND JEANS and MEXX. It also have a group of department store-based brands with strong consumer franchises, including the LIZ CLAIBORNE and MONET families of brands, MAC & JAC, KENSIE and DANA BUCHMAN and the licensed DKNY JEANS, DKNY ACTIVE and DKNY MENS brands. The three segments of the Company are Domestic-Based Direct Brands segment, International-Based Direct Brands segment and Partnered Brands segment. On January 17, 2008, the Company entered into a license agreement with Kohl?s Corporation (Kohl?s), naming Kohl?s as the exclusive retailer of its DANA BUCHMAN brand. In April 2008, the Company completed the sale of substantially all of the assets and liabilities of the Ellen Tracy brand.

Monness Crespi & Hardt
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/2/2015 8:25 AM Hold
as of 8/27/2015
1 Week down  -6.33 %
1 Month down  -28.98 %
3 Months down  -35.72 %
1 YTD down  -44.90 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/2/2015 8:25 AM Buy
32.20 37.00
2/26/2014 10:25 AM Hold
8/5/2013 9:25 AM Buy
24.14 27.00
3/19/2013 9:25 AM Buy
19.13 23.00

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