Tapestry Inc (TPR) is making strategic moves, like increasing its stake in
Gen Phoenix to expand into eco-leather offerings, triggering a series of changes in stock holding positions among investment firms. In addition, Tapestry's price target has been elevated, hinting at a stronger future market performance. The general perception is that Tapestry is undervalued, suggesting significant growth potential. Reinforcing this belief, Tapestry saw their stock surge along with their dividend announcement, hitting a
new 1-year high. However, some insiders and short sellers have reportedly been offloading the stock. On the downside, Jim Cramer has warned that Tapestry's stock could go lower in the current market. Furthermore, Tapestry's dependence on international sales could pose a risk to investors. Despite these challenges, the company continues to strengthen its customer engagement through omnichannel, showing their persistence in capitalizing on its potential for
long-term growth. High trading volumes and optimistic earnings forecast also add to the bullish sentiment.
Tapestry TPR News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Fri, 25 Jul 2025 10:50:40 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 4
