Piper like Michael Kors almost as much as teenagers do

|About: Michael Kors Holdings (KORS)|By:, SA News Editor

Piper Jaffray upgrades Michael Kors (KORS) to an Overweight rating and sets a $90 price target on shares.

The investment firm was blown away by the response of teenagers to the brand in a semi-annual consumer survey it conducts.

KORS +1.9% premarket.