Tapestry(Coach's parent company)'s recent activities have exhibited a mixed trend, sparking various opinions in the investment market. Significant occurrences include the selling of 25% of holding by the
CEO; purchasing of shares by companies like
Mediolanum International Funds LTD,
Magnetar Financial LLC, and
Traub Capital management LLC; decrease position by
LSV Asset Management, and
Intech Investment Management LLC. Additionally, the company's
stock price has fluctuated due to factors such as tariff pressures, and Q1 earnings exceeding expectations. There was also a notable
surge in Tapestry's earnings underpinned by a digital innovation strategy, and the announcement of a
$3 Billion share repurchase program through the fiscal year 2028.
J.P. Morgan maintains the buy rating and raises the target price to $148. Despite certain challenges like tariff costs, the brand foresees growth and remains resilient with the backing of fashion-focused investors. A notable mention is that the younger consumers' preference has gravitated towards Coach bags.
Tapestry TPR News Analytics from Tue, 15 Jul 2025 07:00:00 GMT to Sat, 22 Nov 2025 13:18:33 GMT -
Rating 5
- Innovation 4
- Information 4
- Rumor -1
