Tapestry (TPR) Tops Q2 EPS by 18c, Beats on Revenues; Offers FY18 EPS Outlook Above Consensus, FY18 Revenue Mid-Point Guidance Above Consensus
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Go back to Tapestry (TPR) Tops Q2 EPS by 18c, Beats on Revenues; Offers FY18 EPS Outlook Above Consensus, FY18 Revenue Mid-Point Guidance Above Consensus
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
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
February 7, 2018 5:33 AM EST
Nomura/Instinet raised its price target on Tapestry Inc. (NYSE: TPR) to $53.00 (from $48.00) while maintaining a Buy rating.
Analyst Simeon Siegel cites the improvement on earnings and the potential for further upside from Kate for raising the PT.
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February 5, 2018 6:05 AM EST
Piper Jaffray raised its price target on Tapestry Inc. (NYSE: TPR) to $48.00 (from $43.00) while maintaining a Neutral rating.
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February 2, 2018 7:34 AM EST
Bernstein named Tapestry Inc. (NYSE: TPR) a top 2018 pick, calling it a stock for a stock picker's market.
Analyst Jamie Merriman cxited three reasons: we believe the turnaround at Coach is ongoing, synergies should drive Kate Spade and in turn Tapestry margins... More
