HSBC Upgrades Coach To Buy

Analysts at HSBC upgraded Coach Inc COH from Neutral to Buy. The price target for Coach has been raised from $40.00 to $46.00. Coach shares have dropped 29.70 percent over the past 52 weeks, while the S&P 500 index has surged 11.15 percent in the same period. Coach shares fell 0.13 percent to $38.30 in after-hours trading.