Tapestry Inc Shares Surpass Analyst Target Price of $68.06

Tapestry Inc's stock price has crossed the analyst target price of $68.06. With strong buy ratings increasing, investors are assessing whether this price suggests further gains or a potential valuation check.

Date: 17-01-2025

AI Rating: 7

Earnings Per Share (EPS): The report does not provide any specific information regarding EPS, so no analysis can be conducted on this area.

Revenue Growth: There is no mention of revenue growth in the report, hence no assessment can be made.

Net Income: The report does not contain any data regarding net income. No analysis can be drawn here.

Profit Margins: The text lacks information on profit margins, making it impossible to evaluate this aspect.

Free Cash Flow (FCF): There is no mention of free cash flow, so no analysis can be noted.

Return on Equity (ROE): Similarly, there is no information on ROE available in the text for analysis.

The analysis does emphasize that Tapestry Inc's stock price of $69.63 has surpassed the average analyst target of $68.06. This indicates a positive sentiment among investors. Notably, the increase in strong buy ratings from 11 to 13 over the past month highlights bullish expectations. Therefore, while key financial metrics are not discussed, the optimism reflected in analyst ratings could signify upward momentum in the stock price.

Stocks: TPR