UBS analyst Jay Sole raised the firm’s price target on Tapestry (TPR) to $123 from $105 and keeps a Neutral rating on the shares. CY26 EPS upside for Softline stocks is expected to be driven by a stronger-than-expected U.S. consumer and an underappreciated “Health & Wellness 2.0” trend, with estimates at least 4% above consensus for 16 names, the analyst tells investors in a research note. Earnings momentum is projected to extend into CY27, with EPS forecasts averaging about 5% above consensus, the firm adds.
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Read More on TPR:
- Tapestry price target raised to $150 from $115 at Bernstein
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- Tapestry price target raised to $135 from $125 at Wells Fargo
