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