Wells Fargo Maintains Overweight on Tapestry, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow maintains an Overweight rating on Tapestry (NYSE:TPR) but lowers the price target from $52 to $50.
August 16, 2024 | 1:14 pm
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Wells Fargo analyst Ike Boruchow maintains an Overweight rating on Tapestry but lowers the price target from $52 to $50.
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