Buckingham Research Downgrades Coach To Underperform

Analysts at Buckingham Research downgraded Coach

from “neutral” to “underperform.” The target price for Coach has been lowered from $32 to $28. Coach shares have fallen 39.70% over the past 52 weeks, while the S&P 500 index has gained 18.85% in the same period. Coach's shares declined 1% to $34.63 in pre-market trading.