Bernstein upgrades Tapestry to 'outperform' with a price target of $55.00

An analyst from Bernstein upgraded Tapestry (NYSE: TPR) from 'market perform' to 'outperform' with a price target of $55.00 from a prior price target of $50.00.
Prior to this rating, Tapestry had 13 buy ratings, 8 hold ratings, and 0 sell ratings.
For consensus analyst estimates and price targets on Tapestry, click here. For more news on Tapestry, click here.
Tapestry's stock price closed at $41.18. They are down -2.25% in the last month and up 28.57% in the last 12 months.
According to Investing Pro, Tapestry's fair value is $52.37, an upside of 27.16%. Tapestry's fair value comes with a low degree of uncertainty, according to InvestingPro.
Check out Tapestry's recent earnings performance and financials here.

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