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Fly News Breaks for August 16, 2017
COH
Aug 16, 2017 | 08:41 EDT
Cowen analyst Oliver Chen said noted Coach reported solid Q4 results and said the company is executing well in a tough retail environment but sentiment required more. The analyst lowered his price target to $46 from $53 to reflect a more muted outlook for guidance and maintained his Outperform rating on Coach shares.
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