Evaluating Tapestry: Insights From 9 Financial Analysts
Portfolio Pulse from Benzinga Insights
Nine financial analysts have recently evaluated Tapestry (NYSE:TPR), with ratings ranging from bullish to bearish. The average 12-month price target is $49.89, slightly down from the previous $50.78. Analysts have adjusted their ratings and price targets, reflecting dynamic market conditions. Tapestry's financials show strong net margins and ROE, despite a slight revenue decline. The company is acquiring Capri, which could impact future performance.
October 21, 2024 | 5:00 pm
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NEUTRAL IMPACT
Tapestry (NYSE:TPR) has received mixed analyst ratings, with a slight decrease in the average price target. Despite a revenue decline, the company maintains strong financial metrics. The acquisition of Capri could influence future performance.
The mixed analyst ratings and slight decrease in price targets suggest a neutral short-term impact on Tapestry's stock. However, the company's strong financial health and the strategic acquisition of Capri could have positive long-term implications.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100