Coach knocked down a peg by Cantor Fitzgerald

Cantor Fitzgerald loses faith in Coach (COH -1%), downgrading the stock to a Hold rating from Buy.

The investment firm lopped off $11 from its price target to take it to $50.

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Comments (2)
  • chopchop0
    , contributor
    Comments (5271) | Send Message
    Geniuses..... esp. after the stock is now below $49. Where were they when the stock was in the mid-to-high 50s?
    24 Jan 2014, 10:59 AM Reply Like
  • Zeus2012
    , contributor
    Comments (714) | Send Message
    $COH is going to drop big time next week. Price is being supported by the institution that sold a ton of $48 puts a few week back which expires today.
    24 Jan 2014, 11:37 AM Reply Like
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