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Analysts at Jefferies parted way with their bullish stance on Coach Inc (NYSE: COH) as there are few catalysts left to support the stock. The firm s Randal Konik downgraded Coach s stock rating from Buy to Hold with a price target lowered from $53 to $45, which implies downside to the stock. Read More.
Analysts at Credit Suisse felt it prudent to rebuild their valuation model on Amazon.com, Inc. (NASDAQ: AMZN) as the Street is likely missing out on a working capital benefit from a more rapid growth of Amazon s third party gross merchandise value and the positive impact on free cash flow.
Credit. Read More.
It seems 2014 is shaping up to be the year of income equality. The president is talking about it, Congress is talking about it and the news media is talking about it. Though there seems to be no certain proposal which will cause an equalization of the gap between the richest Americans and the. Read More.