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Zacks Investment Research upgraded Kate Spade & Co (NYSE:KATE) to Hold in a report released today.

Zacks Investment Research has upgraded Kate Spade & Co (NYSE:KATE) to Hold in a report released on 6/21/2017.

Yesterday Kate Spade & Co (NYSE:KATE) traded 0.00% even at $18.49. The company’s 50-day moving average is $18.45 and its 200-day moving average is $19.25. The last stock close price is down -3.95% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 7,789,960 shares of the stock were exchanged, up from an avg. volume of 6,043,190

Recent Performance Chart

Kate Spade & Co (NYSE:KATE)

Kate Spade & Co has with a one year low of $14.02 and a one year high of $24.24 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 16 brokers have issued a research note on the company. The average stock price target is $28.50 with 8 brokers rating the stock a strong buy, 6 brokers rating the stock a buy, 6 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Kate Spade & Co (NYSE:KATE)

Kate Spade & Company is engaged in the design and marketing of a range of accessories and apparel. It operates through three segments. The KATE SPADE North America segment consists of the Company's kate spade new york and JACK SPADE brands in North America. The KATE SPADE International segment consists of the Company's kate spade new york and JACK SPADE brands in international markets, which operates principally in Japan, Asia (excluding Japan), Europe and Latin America). The Adelington Design Group segment primarily consists of exclusive arrangements to supply jewelry for the LIZ CLAIBORNE and MONET brands. In addition, the Adelington Design Group segment serves J.C. Penney Corporation, Inc. (JCPenney) through exclusive supplier agreements for the LIZ CLAIBORNE and MONET jewelry lines. As of December 31, 2016, it operated 98 the United States Specialty Retail Stores; 35 Foreign Specialty Retail Stores; 65 the United States Outlet Stores; 17 Foreign Outlet Stores, and 54 Concessions.

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