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Citi sees breakout for Kate Spade

Aug. 11, 2015 7:47 AM ETKate Spade & Company (KATE) StockKATEBy: Clark Schultz, SA News Editor
  • Citi adds Kate Spade (NYSE:KATE) to its Focus List.
  • The investment firm names the retailer as its top pick for the back half of the year in the apparel/footwear sector.
  • Citi has a price target of $33 on Kate which implies +50% upside from its current level.
  • Previously: Kate Spade breaks out after management pulls the right levers (Aug. 05 2015)
  • KATE +0.8% premarket to $21.22.

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