Goldman Sachs Maintains Buy on Tapestry, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brooke Roach has maintained a Buy rating on Tapestry (NYSE:TPR) and increased the price target from $41 to $47.
February 09, 2024 | 3:43 pm
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Goldman Sachs has reaffirmed its Buy rating on Tapestry and raised the price target from $41 to $47.
The upgrade in price target by a reputable analyst like Goldman Sachs typically signals a strong confidence in the company's future performance. This can lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100