Tapestry Inc. (TPR) PT Raised to $55 at Wells Fargo, 'No Need for a "Coach-ing" Change Here'
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Go back to Tapestry Inc. (TPR) PT Raised to $55 at Wells Fargo, 'No Need for a "Coach-ing" Change Here'
February 9, 2023 10:19 AM EST
By Scott Kanowsky
Investing.com -- Tapestry, Inc. (NYSE: TPR) raised its annual earnings guidance, as strong trading over the holiday season helped the group behind luxury brands like Coach and Kate Spade post bumper second quarter results.
Adjusted earnings per share are now seen in the range of between $3.70 to $3.75, up from the company's prior outlook of $3.60 to $3.70 a... More
February 9, 2023 9:34 AM EST
CFRA downgraded Tapestry Inc. (NYSE: TPR) from Strong Buy to Buy with a price target of $53.00 (from $40.00).
For an analyst ratings summary and ratings history on Tapestry Inc. click here. For more ratings news on Tapestry Inc. click here.
Shares of Tapestry Inc. closed at $43.21 yesterday.
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February 9, 2023 8:39 AM EST
By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Thursday, February 9th. Please refresh for updates.
Walt Disney (NYSE: DIS) stock rose 6% after the entertainment giant posted strong first-quarter earnings thanks to the strength of its theme parks division, while also announcing 7,000 job cuts to shore up... More
February 9, 2023 6:49 AM EST
Tapestry (NYSE: TPR) reported Q2 EPS of $1.36, $0.09 better than the analyst estimate of $1.27. Revenue for the quarter came in at $2.03 billion versus the consensus estimate of $2.03 billion.
GUIDANCE:
Tapestry raised FY2023 EPS to $3.70-$3.75, versus the consensus of $3.65. Tapestry sees... More
