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Fly News Breaks for January 4, 2016
COH
Jan 4, 2016 | 08:01 EDT
BB&T analyst Corinna Freedman upgraded Coach to Hold from Underweight, as she believes that its market share losses have largely bottomed and that negative trends at the company are no longer getting worse. However, despite Stuart Vevers' improved product, the analyst said she currently sees little proof that Coach is recapturing market share and does not see any near-term catalyst to expand the stock's multiple.
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