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Fossil (FOSL -2.4%) falters under the weight of three analyst downgrades a day after the seller...
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Wednesday, February 15, 2012, 3:39 PM ETFossil (FOSL -2.4%) falters under the weight of three analyst downgrades a day after the seller of consumer fashion accessories reported a mixed bag of Q4 results. Benchmark, lowering shares to Hold, sees Skagen and the Michael Kors jewelry line as solid growth vehicles but believes they're already baked into expectations; BofA and Credit Agricole also cut their ratings.
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