Lucy Nieves
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Lucy Nieves in Barbie Stocks,

Coach Not Getting The Barron's Bounce

Unfortunately for Coach Inc COH 0.1% investors, the stock’s Barron’s bounce didn’t last for long. On Saturday, Barron’s journalist Emily Bary said the stock looks like a good buy at its current price given its upcoming name change and recent streamlining initiatives.

“Coach was the subject of much online ridicule after announcing the Tapestry name change, but those who stick with the company as it transforms to a brand house may get the last laugh,” Bary wrote. Source

The price is ready to break out the falling channel and form some upside. It will try to close the gap somehow.