Baird Downgrades Michael Kors Holdings To Neutral

Baird downgraded Michael Kors Holdings

from Outperform to Neutral. The target price for Michael Kors Holdings has been lowered from $114.00 to $98.00. Michael Kors Holdings shares have surged 24.25% over the past 52 weeks, while the S&P 500 index has gained 16.86% in the same period. Michael Kors Holdings' shares dropped 0.56% to $83.20 in pre-market trading.