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April 30, 2014
07:30 EDTKORSMichael Kors market share gains likely continued, says Piper Jaffray
Following Coach's (COH) earnings conference call, Piper Jaffray believes handbag market share gains in the March quarter likely continued for Michael Kors (KORS). Piper thinks Michael Kors is on pace to approach 20% share in 2014 and it keeps an Overweight rating on the stock with a $114 price target.
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