UBS Maintains Neutral on Tapestry, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Neutral rating on Tapestry (NYSE:TPR) but lowers the price target from $45 to $42.
July 31, 2024 | 3:53 pm
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UBS analyst Jay Sole maintains a Neutral rating on Tapestry but lowers the price target from $45 to $42.
The lowered price target from $45 to $42 by UBS suggests a less optimistic outlook for Tapestry's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100