Barclays maintains Overweight on Tapestry, raises target to $182
Barclays analyst Adrienne Yih maintains an Overweight rating on Tapestry and raises the price target to $182 from $179, signaling confidence in the stock's potential.
*this image is generated using AI for illustrative purposes only.
Barclays analyst Adrienne Yih has maintained an Overweight rating on Tapestry and raised the price target to $182 from $179. The revised target indicates a positive outlook on the company's future stock performance.
Rating and Target Details
The analyst's decision to upgrade the price target comes as Tapestry continues to show resilience in the market. The new target of $182 suggests potential upside from current levels.
| Metric | Value |
|---|---|
| Rating | Overweight |
| Previous Price Target | $179 |
| New Price Target | $182 |
Tapestry, listed on the NYSE under the ticker TPR, operates in the luxury goods sector. The Overweight rating implies that the stock is expected to outperform the broader market or its sector peers in the near term.
What specific factors are driving Tapestry's resilience in the luxury goods sector?
How might Tapestry's performance compare to its sector peers in the near term?
What potential risks could impact Tapestry's ability to meet the new price target?
18
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
