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February 11, 2014
08:22 EDTCOHCoach new collection a major step forward, says BMO Capital
After attending the preview of Coach Chief Creative Director Stuart Veversís first collection, BMO Capital thinks the launch is "a major step in the right direction." The firm expects the company's customer base to increase over time, but it views the transformation as an evolution, not a revolution. It keeps a $60 price target and Outperform rating on the shares.
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