TD Cowen raised the firm’s price target on Tapestry to $52 from $40 and keeps an Outperform rating on the shares. The firm said they like the company’s cost management, Gen Z relevant marketing, new customer acquisition, and MSD% AUR growth.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on TPR:
- Tapestry (NYSE:TPR) Rises on Q2 Beat
- Tapestry raises FY24 view to $4.20-$4.25 from $4.10-$4.15, consensus $4.12
- Tapestry reports Q2 adjusted EPS $1.63, consensus $1.46
- Notable companies reporting before tomorrow’s open
- TPR Earnings this Week: How Will it Perform?
Questions or Comments about the article? Write to editor@tipranks.com