One analyst sees Coach as worth the price tag, another figures Garmin had been punished enough, and one more is hungry for Jack in the Box, all in Thursday’s Analysts’ Actions. Coach was upgraded to BUY from HOLD at Topeka Capital with its price target increased to $44. The firm said recent showings at Fashion Week impressed and that checks show increased foot traffic at stores. Garmin received an upgrade to BUY from NEUTRAL at Bank of America, with analysts arguing that the pullback was overdone and the company remains competitive in the fitness tech market. Jefferies reiterated that Jack in the Box remains their top midcap pick for the year. Analysts increased their price target to $107 from $92, based on solid same-store trends.
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