Tapestry price target raised to $127 from $111 at Barclays

Barclays raised the firm’s price target on Tapestry (TPR) to $127 from $111 and keeps an Overweight rating on the shares following the investor day. The company reiterated its fiscal 2026 guidance and introduced new financial targets for fiscal 2028, the analyst tells investors in a research note. The firm increased estimates following the event.