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Fly News Breaks for September 12, 2017
COH
Sep 12, 2017 | 07:55 EDT
Bernstein analyst Jamie Merriman started Coach with an Outperform rating and $51 price target saying it has successfully executed on its turnaround plan over the last three years, repositioning the Coach brand and improving sales trends in North America. The analyst believes that the brand is in relatively early innings in terms of seeing the benefits of these improvements.
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