Coach, Inc. to Acquire Kate Spade & Company for $18.50 Per Share in Cash
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Coach (COH) PT Raised to $55 at Instinet
May 9, 2017 6:05 AM EDTInstinet raised its price target on Coach (NYSE: COH) to $55.00 (from $45.00) while maintaining a Buy rating.
Analyst Simeon Siegal sees meaningful opportunity ahead following the company agreement to acquire Kate Spade (NYSE: KATE) for $18.50 per share.
FY 2017 EPS estimate is for $2.14 and FY 2018 EPS estimate is for $2.36.
... MoreInstinet Downgrades Kate Spade (KATE) to Neutral
May 9, 2017 3:51 AM EDTInstinet downgraded Kate Spade (NYSE: KATE) from Buy to Neutral with a price target of $18.50 (from $25.00).
For an analyst ratings summary and ratings history on Kate Spade click here. For more ratings news on Kate Spade click here.
Shares of Kate Spade closed at $18.38 yesterday.
... MoreCoach (COH) PT Raised to $50 at Wells Fargo Following Acquisition of KATE
May 8, 2017 3:23 PM EDTWells Fargo raised its price target on Coach (NYSE: COH) to $50.00 (from $47.00) while maintaining a Outperform rating following the company's announced acquisition of KATE.
The all-cash transaction of $18.50/share creates the first NY-Based House of Modern Luxury Lifestyle Brands, with COH expecting to utilize their... More
Coach (COH) PT Raised to $55 at Instinet Following Announced KATE Acquisition
May 8, 2017 3:18 PM EDTInstinet raised its price target on Coach (NYSE: COH) to $55.00 while maintaining a Buy rating following the company's announced aquisition of... More
