Goldman Sachs Maintains Buy on Tapestry, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brooke Roach maintains a Buy rating on Tapestry (NYSE:TPR) but lowers the price target from $49 to $46.
August 18, 2023 | 10:24 am
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Tapestry but lowers the price target from $49 to $46.
The news is directly related to Tapestry. While the maintained Buy rating is positive, the lowered price target might indicate a slower growth expectation, which could have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100