Seeking Alpha

Piper like Michael Kors almost as much as teenagers do

  • 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.
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