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movado group faces analyst scrutiny as hedge funds adjust stock positions

Movado Group, Inc. (NYSE:MOV) has a Buy rating among analysts, but it was not included in a list of top stock picks. Charles Schwab Investment Management recently reduced its stake in the company by 16.9%, while institutional investors hold 72.08% of the stock. Analysts have mixed views, with BWS Financial initiating coverage with a $31.50 price target, while StockNews.com downgraded it to a hold. The stock is currently trading around $17.86, with a market cap of $395.43 million.
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