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Fly News Breaks for October 22, 2015
COH
Oct 22, 2015 | 07:28 EDT
UBS believes Coach's North American comps will be the turnaround indicator of whether the company is gaining traction with core customers. The firm lowered Q1 estimates, but kept full year numbers unchanged based on first half weighted SG&A. UBS reiterated its Buy rating and $42 price target on Coach shares.
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