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Fly News Breaks for April 21, 2015
COH
Apr 21, 2015 | 08:40 EDT
Goldman believes increased competition in outlet centers could impact at margin recovery at Coach. The firm believes competitor store openings could impact North American EBIT margins 150-200 basis points and turnaround efforts will take longer to materialize. Shares are Sell rated with a $28 price target.
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