Fly News Breaks for July 7, 2017
KATE, COH
Jul 7, 2017 | 07:06 EDT
Oppenheimer analyst Anna Andreeva raised her price target for Coach (COH) to $55 after updating her acquisition math for the Kate Spade (KATE) deal. The analyst sees $3.00 in earnings per share power by FY20 and thinks additional upside in Coach shares is still warranted. Andreeva keeps an Outperform rating on the stock.
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