Tapestry forecasts full-year profit below estimates on China hit

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Tapestry Inc. (TPR) PT Raised to $46 at Cowen

August 18, 2022 5:41 PM EDT

Cowen analyst Oliver Chen raised the price target on Tapestry Inc. (NYSE: TPR) to $46.00 (from $40.00) while maintaining an Outperform rating following earnings.

The analyst commented, "We believe trend-right products that embrace social engagement and data are driving a continuation of attractive brand... More