- SunTrust Robinson Humphrey thinks Kate Spade (NYSE:KATE) could draw a bid as high as $23 per share when the retailer puts itself on the sales block.
- Analyst Pamela Quintiliano crunches the numbers on prior deals in the space to find a 10.5X EV/EBITDA is reasonable.
- Shares of Kate Spade are up 28% for the week.