Fossil (FOSL -2.4%) falters under the weight of three analyst downgrades a day after the seller...

|By:, SA News Editor

Fossil (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.