Tapestry price target raised to $154 from $127 at Barclays

Barclays analyst Adrienne Yih raised the firm’s price target on Tapestry (TPR) to $154 from $127 and keeps an Overweight rating on the shares. The firm is “constructive” on the specialty retail sector into 2026, citing inventory discipline and macro tailwinds from lower interest rates and gas prices. However, stock selection “is critical as demand uncertainty persists,” the analyst tells investors in a research note. Barclays adjusted price targets as part of its 2026 outlook.