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Telsey Advisory CEO Explains Bullish Action on Coach (COH) Stock on CNBC

NEW YORK (TheStreet) -- Shares of Coach (COH) rose this afternoon ahead of its 2016 fourth quarter earnings release due out on Tuesday, and Telsey Advisory CEO Dana Telsey explained why on CNBC's "Fast Money: Halftime Report" Friday.

The high-end handbag retailer "certainly feels" to investors like it is improving its brand, Telsey stated.

"Keep in mind they did an investor day June of 2014 talking about it'll take two years for a transition and June of 2016 you'll return to a positive comp quarter," she explained.

With less exposure to department stores, brand...