UPDATE: Citi Downgrades Fossil Following ~18% Earnings-Related Surge
August 07, 2013 at 13:57 PM EDT
Shares of Fossil (NASDAQ: FOSL ) have fallen more than 3.5 percent Wednesday following an earlier upgrade from Citi's Oliver Chen. The stock last traded at $121.97. Chen now rates Fossil shares at Neutral; the price target was raised from $125 to $135. The analyst believes near-term upside will be
