Jefferies Upgrades Coach (COH), Zumiez (ZUMZ) to Buy

October 30, 2009 11:36 AM EDT

In the apparel group this morning, an analyst from Jefferies upgraded both Coach (NYSE: COH) and Zumiez (Nasdaq: ZUMZ) from Hold to Buy. The analyst raised his price target on Coach from $38 to $40, but maintained his $16 target on shares of Zumiez.

The stocks are outperforming today: Coach is up 1.5% to $33.34, while shares of Zumiez have surged more than 5% to around $13.96.


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Stocks Mentioned

COH 35.79

+0.86 +2.46%
Volume: 4,202,145
Track COH

ZUMZ 11.15

+0.13 +1.18%
Volume: 329,218
Track ZUMZ


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