Canaccord Maintains A 'Cautious' Hold On Coach Inc
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
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 2017 | Susquehanna | Initiates Coverage On | Positive | |
| Oct 2017 | Baird | Maintains | Outperform | |
| Oct 2017 | Buckingham Research | Maintains | Buy |
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: Canaccord Laura ChampineAnalyst Color News Price Target Reiteration Analyst Ratings
