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Buckingham Research started coverage on shares of Michael Kors Outlet Holdings Ltd (NASDAQ: KORS) in a research report sent to investors on Thursday morning. The firm issued a buy rating on the stock. 　　 A number of other analysts have also recently weighed in on KORS. Analysts at Piper Jaffray raised their price target on shares of Michael Kors Holdings Ltd from $61.00 to $63.00 in a research note to investors on Friday, October 5th. They now have an overweight rating on the stock. Separately, analysts at Robert W. Baird raised their price target on shares of Michael Kors Holdings Ltd from $61.00 to $65.00 in a research note to investors on Wednesday, October 3rd. 　　 They now have an outperform rating on the stock. Finally, analysts at William Blair initiated coverage on shares of Michael Kors Outlet Store Holdings Ltd in a research note to investors on Wednesday, October 3rd. They set an outperform rating on the stock. Shares of Michael Kors Holdings Ltd traded up 0.34% during mid-day trading on Thursday, hitting $56.26. Michael Kors Holdings Ltd has a 52 week low of $23.51 and a 52 week high of $57.35. The company has a market cap of $11.237 billion and a P/E ratio of 57.04. 　　 Michael Kors Holdings Ltd last announced its earnings results on Tuesday, August 14th. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.14. The company’s revenue for the quarter was up 70.7% on a year-over-year basis. Analysts expect that Michael Kors Handbags Holdings Ltd will post $1.45 EPS for the current fiscal year. 　　 Michael Kors Holdings Limited is a designer, marketer, distributor and retailer of women’s apparel and accessories and men’s apparel bearing the Michael Kors name and MICHAEL KORS, MICHAEL MICHAEL KORS, KORS MICHAEL KORS and various other related logos.