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Coach Inc. (COH) Is Losing Ground Following Downgrade

Piper Jaffray downgraded its rating on shares of Coach Inc. (COH) Thursday morning to "Neutral" from "Overweight."

Coach gapped open lower Thursday and has continued to lose ground in early trade. The stock is now down 0.78 at $38.94 and has dropped to a 5-month low.

by RTT Staff Writer

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