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Fly News Breaks for April 22, 2016
COH
Apr 22, 2016 | 07:40 EDT
Cowen analyst Oliver Chen raised his price target on Coach to $46 from $42. The analyst remains cautious on the overall handbag market but is optimistic on Coach ahead of Q3 earnings as its brand momentum accelerates and it continues to gain market share. Coach remains the firm's favorite name in the group and Cowen keeps an Outperform rating on the shares.
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