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Fly News Breaks for April 25, 2017
COH
Apr 25, 2017 | 07:22 EDT
UBS analyst Michael Binetti said improving outlet trends and industry store growth inline with category growth keeps Coach a top pick in the handbag space. He believes Coach is well positioned to drive pricing and market shares gains with M&A adding upside optionality to his estimates. Binetti reiterated his Buy rating and $47 price target on Coach shares.
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