Tapestry, Inc. Reports Fiscal 2018 Second Quarter Results

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Tapestry Inc. (TPR) PT Raised to $59 at Canaccord Genuity Following 2Q

February 7, 2018 8:50 AM EST

Canaccord Genuity raised its price target on Tapestry Inc. (NYSE: TPR) to $59.00 (from $58.00) while maintaining a Buy rating following the company's 2Q release. EPS of $1.07 handily beat our the consensus estimate of 89c. TPR is also making good progress with the integration and... More

Tapestry Inc. (TPR) PT Raised to $56 at Cowen

February 7, 2018 6:48 AM EST

Cowen raised its price target on Tapestry Inc. (NYSE: TPR) to $56.00 (from $54.00) while maintaining a Outperform rating.

Analyst Oliver Chen commented, "Global Coach brand comps of +3%, sequential improvement in gross margin trends at Coach, and continued pullback on wholesale and flash... More