Wells Fargo Maintains Overweight on Tapestry, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow has maintained an Overweight rating on Tapestry (NYSE:TPR) and increased the price target from $50 to $60.
February 02, 2024 | 2:04 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on Tapestry and raised the price target from $50 to $60.
The increase in price target by a reputable analyst like Ike Boruchow suggests a positive outlook on Tapestry's stock, likely leading to increased investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100