Citigroup Maintains Buy on Tapestry, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has maintained a 'Buy' rating on Tapestry (NYSE:TPR) but lowered the price target from $50 to $48.

August 18, 2023 | 3:19 pm
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Citigroup has maintained a 'Buy' rating on Tapestry but lowered the price target from $50 to $48.
The news is directly about Tapestry and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook, potentially leading to mixed reactions in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100