Wells Fargo lowered the firm’s price target on Tapestry to $50 from $52 and keeps an Overweight rating on the shares. The firm said the company’s Q4 results were “solid,” with better gross margin and revenues driving earnings per share upside, and the guidance was “better than feared.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TPR: