Bad News for Tapestry Stock: This New Risk Has Been Added
Market News

Bad News for Tapestry Stock: This New Risk Has Been Added

Tapestry (TPR) has disclosed a new risk, in the Corporate Activity and Growth category.

Tapestry’s operational stability may be scrutinized by investors due to the absence of changes in trading arrangements for directors and officers in the quarter ended December 30, 2023. No adoption, modification, or termination of any Rule 10b5-1 plan suggests a static approach to insider trading policies. This lack of adjustment might raise concerns about the company’s agility to respond to market fluctuations or regulatory changes. Observers could interpret this as a potential risk, signaling a complacency in corporate governance that warrants careful monitoring.

The average TPR stock price target is $49.57, implying 18.02% upside potential.

To learn more about Tapestry’s risk factors, click here.

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