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Fly News Breaks for October 19, 2015
COH
Oct 19, 2015 | 07:26 EDT
Barclays analyst Joan Payson sees improved search trends for the Coach brand in domestic Google search. Payson views this as a positive for consumer traction and said the company remains on track with reduced promotional activity, including the duration of the recent semiannual sale and a preferred customer event in September. The analyst raised Coach's FY16 earnings estimate to $1.90 and maintains her Overweight rating on shares.
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