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Vetr Crowd Upgrades Coach To 4.5-Star Stock

Courtesy of Benzinga.

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Shares of Coach Inc (NYSE: COH) have lost more than 13 percent since the start of 2015. Despite the relative under-performance, the Vetr crowd is optimistic in the stock’s prospects heading into the new year.

The Vetr crowd upgraded Coach’s stock rating to 4.5-stars out of a possible 5-stars. Coach’s stock has risen to $32.65 since the prior rating of 4.0-stars was issued just two days ago.

In addition to an upgrade into clear bull territory, 64 percent of the Vetr crowd’s ratings are bullish and the crowd-sourced price target of $37.65 implies a potential upside of more than 15 percent.

Tania Hansraj, a member of the Vetr crowd, noted that the market is “aware” of Coach’s transformation plans for the future which will improve the stock’s outlook.

Latest Ratings for COH

Date Firm Action From To
Dec 2015 Cowen & Company Upgrades Market Perform Outperform
Dec 2015 Piper Jaffray Upgrades Neutral Overweight
Oct 2015 Cantor Fitzgerald Maintains Hold

View More Analyst Ratings for COH
View the Latest Analyst Ratings

Posted-In: Coach Turnaround Plan Fashion Stocks Vetr Vetr CrowdAnalyst Color Crowdsourcing Analyst Ratings General


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