The Analyst Verdict: Tapestry In The Eyes Of 9 Experts
Portfolio Pulse from Benzinga Insights
In the last three months, 9 analysts have rated Tapestry (NYSE:TPR), with a mix of bullish and bearish views. The average 12-month price target is $49.89, with a high of $54.00 and a low of $40.00. Analysts have decreased the average price target by 1.75%. Tapestry's financials show strong profitability and effective cost control, despite a recent revenue decline.
October 21, 2024 | 5:00 pm
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NEUTRAL IMPACT
Tapestry (NYSE:TPR) has received mixed analyst ratings, with a recent decrease in the average price target by 1.75%. Despite a revenue decline, Tapestry maintains strong profitability and effective cost control.
The mixed analyst ratings and slight decrease in price targets suggest a neutral short-term impact on Tapestry's stock. The company's strong profitability and effective cost control may offset concerns about revenue decline, leading to a balanced outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100