OTR Global Downgrades Tapestry to Mixed
Portfolio Pulse from Benzinga Newsdesk
OTR Global has downgraded Tapestry (NYSE:TPR), the luxury fashion holding company, from a Positive rating to Mixed, indicating a change in their outlook on the company's stock performance.
April 17, 2024 | 5:01 pm
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OTR Global downgraded Tapestry from Positive to Mixed, suggesting a more cautious view on the company's near-term stock performance.
The downgrade by OTR Global from Positive to Mixed reflects a shift in their assessment of Tapestry's near-term prospects. This could lead to a neutral short-term impact on the stock as investors reassess their positions based on this new analyst rating.
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