According to J.P. Morgan, Coach COH price target is raised to $76.
J.P. Morgan said that it recently met with CFO, Jane Nielsen and SVP/IR, Andrea Shaw Resnick. “Following another strong quarter of mid-teens top-line growth and faster bottom-line growth, Coach continues to operate with momentum at its back as they remain focused on 1) growing the women's business domestically, 2) expanding the men's business globally and 3) and rapidly growing their footprint in the Asia (ex-Japan) region.”
Coach closed on Friday at $70.05.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in