What 7 Analyst Ratings Have To Say About Tapestry
Portfolio Pulse from Benzinga Insights
Over the last quarter, Tapestry (NYSE:TPR) received 7 analyst ratings: 2 bullish, 2 somewhat bullish, and 3 indifferent. The average price target is now $38.57, down 18.97% from the previous $47.60, but still implies an upside from the current price of $33.95. Analysts rate stocks based on financial statements, meetings, and insider information, typically once a quarter.
December 12, 2023 | 2:00 pm
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POSITIVE IMPACT
Tapestry has received mixed analyst ratings with an average price target of $38.57, indicating potential upside from the current price of $33.95.
The average price target suggests analysts see potential for growth in Tapestry's stock price. The decrease in the target price may cause concern, but the overall upside implies a positive outlook in the short term. Analyst ratings can influence investor sentiment and stock price, especially when there is a consensus on the direction.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100