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Fly News Breaks for August 9, 2016
COH
Aug 9, 2016 | 15:43 EDT
Baird analyst Mark Altschwager said he is encouraged by the "steady execution" displayed by Coach in the current tough environment along with its return to positive comps in North America and its "disciplined" control of expenses. The analyst, who remains bullish on what he sees as a "quality growth story," keeps an Outperform rating and $50 price target on Coach shares.
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