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Benchmark upgrades Fossil (FOSL) to Buy in the wake of yesterday's massive 37.6% blowup in...
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Wednesday, May 9, 2012, 8:58 AM ETBenchmark upgrades Fossil (FOSL) to Buy in the wake of yesterday's massive 37.6% blowup in shares that it calls "overdone." Analyst Ronald Bookbinder banks on the design company's strong management team and $100M free cash flow as helping it find a way to overcome soft Europe sales. Shares -1.9% premarket.
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