Coach (COH) shares were higher Friday after the luxury handbag and accessories maker was initiated with a Buy rating by analysts at CLSA. The firm says that it sees "plenty of growth opportunities" for Coach outside of its core business, identifying men's and footwear as two underpenetrated areas in which the company could expand. Also, CLSA sees mainland China and Europe as places with a lot of room to grow for Coach.
More from Video
AMSC CEO discusses that and China challenges.
One of pharma's biggest CEO's talks M&A action on the exchange.
Citi overcame a mixed print to send its stock surging on Monday.
There is a lot of Apple news to chew on Wednesday.