We haven’t looked at COH since February. At the time, we were neutral, and the stock hasn’t moved since. Moving into the EOFY, we believe the stock will advance with the market and valuation expansion but it’s not on our radar following its stellar advance since early 2023, i.e. the best could be behind COH for the foreseeable future.
- We like COH targeting fresh all-time highs, or 8-10% higher.