Published on 24 May 2024 on Zacks via Yahoo Finance
Zacks Initiates Coverage of KOSS With Underperform Recommendation
Zacks Investment Research has recently initiated coverage of Koss Corporation KOSS with an Underperform recommendation. This decision stems from a thorough analysis of Koss' current market position and financial performance, highlighting several challenges the company faces in the highly competitive earphone and headphone market.
Wisconsin-based Koss has a longstanding history in the audio industry, known for its high-fidelity headphones and innovative designs. Despite its reputable brand, Koss struggles against industry giants like Sony and Bose, which continue to dominate the market with aggressive competition and innovation.