Shares of Tapestry Inc (Symbol: TPR) recently traded at $48.55, surpassing the average analyst 12-month target price of $48.50. This significant price movement prompts analysts to either downgrade the stock on valuation grounds or adjust their target prices upwards.
There are 18 analysts covering Tapestry Inc, with target prices ranging from $32.00 to $60.00, and a standard deviation of $8.535. Currently, Tapestry holds 13 strong buy ratings, 1 buy rating, and 5 hold ratings, indicating positive sentiments from analysts.
The average analyst rating for TPR is 1.58, where 1 indicates a strong buy and 5 a strong sell. This data was sourced from Zacks Investment Research via Quandl.com.
