Coach, Inc. (COH) Misses Q2 EPS by 6c; N. American Direct Comps Down 13.6%
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Cantor Fitzgerald Cuts Coach (COH) to Hold
January 24, 2014 6:51 AM ESTCantor Fitzgerald downgraded Coach (NYSE: COH) from Buy to Hold with a price target of $50.00 (from $61.00).
Analyst Allegra Perry said, "Following disappointing 2Q results and the second profit downgrade in as many quarters, we believe the transformation strategy will take longer than we previously... More
Coach (COH) Numbers Cut at UBS; Bear Case is Clear
January 23, 2014 12:49 PM ESTUBS analyst Michael Binetti reiterated a Neutral rating and cut his price target on Coach (NYSE: COH) from $52 to $50 following weak Q2 results. The analyst said fundamentals are pointing down after more US deceleration.
"Even when considering industry-wide weather issues at the outlets and a short Xmas calendar, -13.6% N. America SSS declines were worse than we expected (UBSe -9%)," Binetti notes. "Our bigger concern now is inventories... More
Standpoint Research Upgrades Coach (COH) to Buy
January 23, 2014 10:47 AM ESTStandpoint Research upgraded Coach (NYSE: COH) from Hold to Buy with a price target of $58.00.
"There has been an over-reaction to news from Coach this week and I will once again reinstate here @ $48," analyst Ronnie Moas said.
For an analyst... More
Macquarie Downgrades Coach (COH) to Neutral
January 23, 2014 8:17 AM ESTMacquarie downgraded Coach (NYSE: COH) from Outperform to Neutral with a price target of $50.00 (from $66.00).
For an analyst ratings summary and ratings history on Coach click here. For more ratings news on Coach click here.
Shares of Coach closed at $49.38 yesterday, with a 52 week range of $45.87-$61.94.... More
