Coach owner Tapestry, Ralph Lauren warn of slowing holiday season demand

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Tapestry Inc. (TPR) PT Lowered to $39 at Jefferies

November 11, 2022 8:22 AM EST

Jefferies analyst Ashley Helgans lowered the price target on Tapestry Inc. (NYSE: TPR) to $39.00 (from $47.00) while maintaining a Buy rating.

The analyst commented, "Q1 beat, with solid growth at Coach and further outperformance at Kate Spade. FY23 guide was lowered... More