Barclays reiterates its Overweight rating on beat-up Coach (COH +0.9%), saying the pullback from...

|By:, SA News Editor

Barclays reiterates its Overweight rating on beat-up Coach (COH +0.9%), saying the pullback from March highs is a "buying opportunity." Analyst Robert Drbul seems unperturbed with all the talk on a slowdown in luxury spending, as he ups his price target on COH to a lofty $90.