Tapestry Inc (NYSE: TPR) has set the date for its Q2 2025 earnings call for February 6, with positive changes following the decision. Since this announcement, TPR shares have been purchased by various wealth management entities, including Avior Wealth Management LLC and Merit Financial Group LLC, alongside fresh acquisitions by a variety of fund managers, highlighting TPR's appeal. Notably, TPR's price target has been raised to $85 at Citi, amplifying expectations from their upcoming earnings report. The stock saw a 3.01% rise on January 21, possibly reflecting positive investor sentiment. Critics claim Tapestry is a strong choice for a top momentum pick, suggesting that the long-term growth potential of the stock is appealing to investors. Furthermore, Tapestry announced an accelerated share repurchase program of $2.0 billion, which has received a positive response from the market. Jim Cramer's favorability towards Tapestry, claiming that the company 'Clearly Didn’t Get Sidetracked' boosts this sentiment. Terminating its merger agreement with Capri Holdings Limited, announcing a $1.5 billion senior unsecured notes offering and launching a massive $2B Share Buyback Program demonstrate Tapestry’s strategic financial agility. Analysts anticipate favorable metrics in their Q1 earnings call and acknowledge that Tapestry is a top value stock for the long-term.
Tapestry TPR News Analytics from Wed, 14 Aug 2024 07:00:00 GMT to Sat, 25 Jan 2025 09:53:24 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor 3
