Tapestry (NYSE:TPR) has received mixed analyst ratings over the last three months, with a shift towards a more cautious outlook in the last 30 days. The average 12-month price target for TPR has increased to $48.44, indicating a 20.35% rise from the previous target. Analysts from firms like Jefferies, Goldman Sachs, and Wells Fargo have updated their ratings and price targets, reflecting changes in market dynamics and company performance. Tapestry, owning brands like Coach, Kate Spade, and Stuart Weitzman, has shown solid financial performance with a notable revenue growth rate, exceptional net margin, and strong ROE and ROA, despite a high debt-to-equity ratio. In August 2023, Tapestry announced the acquisition of Capri, adding brands like Michael Kors, Versace, and Jimmy Choo to its portfolio.