The Latest Analyst Ratings for Tapestry
Portfolio Pulse from Benzinga Insights
In the last quarter, 12 analysts have provided ratings for Tapestry (NYSE:TPR), with 3 being bullish, 8 somewhat bullish, and 1 indifferent. The average 12-month price target for the company is $48.75, a 4.0% decrease from the previous average of $50.78. Analysts determine these ratings based on the company's predicted future earnings and the risk associated with its revenue streams.
September 11, 2023 | 3:00 pm
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Analysts have provided mostly bullish ratings for Tapestry (NYSE:TPR) in the last quarter. The average 12-month price target is $48.75, a 4.0% decrease from the previous average.
The majority of analysts are bullish on Tapestry, which could potentially drive investor interest and increase demand for the stock. However, the decrease in the average 12-month price target could indicate a potential slowdown in the company's growth, which may negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100