Tapestry (TPR) Stock Could Hit $47: Analyst

By Amit Chowdhry ● Dec 5, 2022
  • The shares of Tapestry (TPR) could potentially hit $47 according to analysts at JPMorgan. These are the details.

Recently, JPMorgan analysts assigned Tapestry (TPR) a price target of $47 along with an “Overweight” rating.

JPMorgan analysts adjusted the rating after meeting with company management. During the meeting, the company executives highlighted that it is a structurally better company compared to pre-pandemic levels.

Overview

Price target: Increased from $46 to $47

Rating: Overweight

Analyst firm: JPMorgan