Oppenheimer Initiates Coach With Perform

Analysts at Oppenheimer initiated coverage on shares of

with a Perform rating. The target price for Coach is set to $36. Coach shares have dropped 35.50% over the past 52 weeks, while the S&P 500 index has gained 11.23% in the same period. Coach's shares gained 1.68% to $36.35 in pre-market trading.