Raymond James analyst Rick Patel raised the firm’s price target on Tapestry (TPR) to $85 from $74 and keeps an Outperform rating on the shares. The firm sees continued robust growth across revenue, margins, and EPS, the analyst tells investors in a research note. Raymond James views Coach as having entered a new gear of higher growth fueled by better insights on the consumer, which are informing strategies on product, marketing, and go-to-market.
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