JP Morgan Maintains Overweight on Tapestry, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains an Overweight rating on Tapestry (NYSE:TPR) but lowers the price target from $54 to $51.
August 16, 2024 | 12:10 pm
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NEUTRAL IMPACT
JP Morgan analyst Matthew Boss maintains an Overweight rating on Tapestry but lowers the price target from $54 to $51.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on Tapestry's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100