In Monday’s Analysts’ Actions, TheStreet highlights Coach (COH), Whiting Petroleum (WLL), and WestRock (WRK). JPMorgan downgraded luxury fashion company Coach to NEUTRAL from OVERWEIGHT and lowered its price target to $30 from $47. The firm says industry growth is declining. Analysts conducted a handbag and watch survey that showed not many customers were aware of Coach’s product changes over the past year. Whiting Petroleum was upgraded by analysts at Canaccord Genuity. The firm raised its rating on the oil and gas company to BUY from HOLD with a $38 price target. Analysts say the quality of its Williston Basin asset base is making the stock very compelling. And, analysts at Wells Fargo lifted WestRock’s rating to OUTPERFORM from MARKETPERFORM. Analysts see an upside in the paper and packaging manufacturer, forecasting higher coated recycled board prices. TheStreet’s U-Jin Lee reports in New York.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
