Can't agree with you. Brokers such as UBS are meant to have a good understanding of the company they are rating. They have, or should have people with intimate knowledge of the industry, the market and competitors. They rated COH with a target SP of $240. Two days later it closes at $323. How did they get it so wrong and have they revised their target price?
COH Price at posting:
$322.73 Sentiment: Hold Disclosure: Held
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