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Fly News Breaks for July 17, 2015
COH
Jul 17, 2015 | 07:54 EDT
UBS believes near-term risk remains for Coach but sees underlying trends creating the potential for a buying opportunity. The firm noted its concerns surrounding the company's heavy promotions but sees the brand improving with millennials. UBS reiterated its Neutral rating and lowered its price target to $34 from $40 on Coach shares.
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