JPMorgan raised the firm’s price target on Tapestry (TPR) to $147 from $142 and keeps an Overweight rating on the shares. JPMorgan also added the shares to its Analyst Focus List as growth idea. The firm sees an attractive risk/reward profile given the company’s margin expansion and Coach revenue growth.
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Read More on TPR:
- Tapestry price target raised to $115 from $112 at Bernstein
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