JPMorgan raised the firm’s price target on Tapestry (TPR) to $75 from $66 and keeps an Overweight rating on the shares. The firm increased Q2 estimates to reflect fundamental upside and continued market share gains at Coach.
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:
- Tapestry Strengthens Position with $1.5 Billion Notes Offering
- Trump Trade: Smaller, mid-size brands seen as most impacted by China tariffs
- Amazon invests $4B more in Anthropic, Gap reports Q3 beat: Morning Buzz
- Early notable gainers among liquid option names on November 22nd
- Tapestry Initiates $2 Billion Share Repurchase Program