Tapestry Inc. (TPR) PT Raised to $55 at Wells Fargo, 'No Need for a "Coach-ing" Change Here'

Go back to Tapestry Inc. (TPR) PT Raised to $55 at Wells Fargo, 'No Need for a "Coach-ing" Change Here'

Coach-owner Tapestry boosts full-year earnings outlook

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

CFRA Downgrades Tapestry Inc. (TPR) to Buy

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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Disney, MGM Resorts, Tapestry, Tesla rise premarket; Mattel, Credit Suisse fall

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

Tapestry (TPR) Tops Q2 EPS by 9c; Raises FY EPS Guidance

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