Tapestry, Inc.’s Stock Price Skyrockets to $85.13, Witnessing a Robust Increase of +4.63%

Tapestry, Inc. (TPR)

85.13 USD +3.77 (+4.63%) Volume: 7.39M

Tapestry, Inc.’s stock price soars to 85.13 USD, marking a significant trading session increase of +4.63%, with a robust trading volume of 7.39M. The luxury fashion company’s stock continues its upward trajectory, boasting a year-to-date percentage change of an impressive +30.31%.

Latest developments on Tapestry, Inc.

Tapestry Inc. (NYSE:TPR) has been making headlines recently with key events impacting its stock price movements. JPMorgan raised Tapestry’s stock price target to $104, adjusting it from $88 while maintaining an overweight rating. This move comes after Martin Capital Advisors LLP took a position in the company, showing confidence in its potential. Additionally, Telsey also raised Tapestry’s stock target to $92 with an outperform rating. Despite a fall in stock price on Monday, Tapestry continues to outperform the market, with analysts and experts optimistic about its future growth. With a dividend payout of $0.35 and a strong position in the retail market, Tapestry Inc. is definitely a stock to watch in 2025.

Tapestry, Inc. on Smartkarma

Analysts on Smartkarma, like Baptista Research, have been closely following Tapestry Inc and its recent performance. In a research report titled “Tapestry Inc.: A Story Of Enhanced Brand Building & Consumer Engagement! – Major Drivers”, Baptista Research highlighted the company’s notable strengths internationally, with a 6% growth driven by regions like Europe, Other Asia, and Japan. Despite this positive growth, Tapestry Inc faced challenges with modest revenue declines in North America and tougher conditions in Greater China. While revenue in Greater China grew by 3% overall for the year, it experienced declines in the latter half.

A look at Tapestry, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma Smart Scores, Tapestry Inc‘s long-term outlook appears to be positive overall. With strong scores in Growth and Momentum, the company is positioned well for future expansion and market performance. However, lower scores in Value and Resilience indicate potential areas for improvement to ensure sustained success in the long run.

Tapestry Inc, a company that specializes in designing and marketing clothes and accessories, may need to focus on enhancing its value and resilience factors to enhance its overall outlook. Despite this, with a solid score in Dividend and a diverse range of products offered to customers in the United States, Tapestry Inc has the potential to continue its growth and success in the market.

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