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Canaccord Maintains A 'Cautious' Hold On Coach Inc

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In a note dated September 15, Canaccord analyst Laura Champine maintained a "cautious" Hold rating on Coach Inc (NYSE: COH), citing a best in class dividend yield and appeal to private equity.

Champine noted the $27 price target suggested by her DCF model represents "notable" downside to the stock's current levels.

"The company is on track to cede more market share in F2015, and its grip on the top position is as loose as ever in our view," commented Champine.

Shares of Coach are trading down about 0.4 percent.

Latest Ratings for COH

DateFirmActionFromTo
Nov 2017SusquehannaInitiates Coverage OnPositive
Oct 2017BairdMaintainsOutperform
Oct 2017BuckinghamMaintainsBuy

View More Analyst Ratings for COH
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Posted-In: Canaccord Laura ChampineAnalyst Color News Price Target Reiteration Analyst Ratings

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StockFirmActionPT
OCXBTIGInitiates Coverage On5.0
GCMGWilliam BlairInitiates Coverage On
PDCraig-HallumInitiates Coverage On41.0
CAPLWells FargoDowngrades
MMPWells FargoDowngrades
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