Here's Why Coach Shares are a Buy - TheStreet

Here's Why Coach Shares are a Buy

Coach rose after being initiated with a Buy rating by analysts at CLSA.
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Coach (COH) shares were higher Friday after the luxury handbag and accessories maker was initiated with a Buy rating by analysts at CLSA. The firm says that it sees "plenty of growth opportunities" for Coach outside of its core business, identifying men's and footwear as two underpenetrated areas in which the company could expand. Also, CLSA sees mainland China and Europe as places with a lot of room to grow for Coach.

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