FeesSafety
Pluang+
Home/News Feed/UBS raises Tapestry target to $232 despite stock drop on cautious outlook
TPR
$123.36
+$2.34 +1.93%

UBS raises Tapestry target to $232 despite stock drop on cautious outlook

Analyst Insights
14 Aug 2026, 18:04 WIB
Tony Dante
View Source
Bullish
UBS raises Tapestry target to $232 despite stock drop on cautious outlook

UBS raised its price target for Tapestry to $232, suggesting an 80.7% upside from its current price of $128.39. The upgrade follows Tapestry's strong fiscal 2026 results, including $8 billion in revenue and $7.05 EPS, driven by Coach's 14% growth and 11 million new customers, especially Gen Z. However, the stock fell 15.1% due to concerns over a soft outlook and challenges at the Kate Spade brand, which saw a 7% revenue decline. The outlook remains cautious despite solid recent performance, highlighting mixed investor sentiment.

More News (TPR)

Jim Cramer highlights 6 fashion stocks as alternatives to struggling AI sector.

Jim Cramer highlights 6 fashion stocks as alternatives to struggling AI sector.

Jim Cramer recommends six fashion stocks—Ralph Lauren, Tapestry, Levi Strauss, VF Corp, Kontoor Brands, and Reformation—as attractive options amid pressure on tech stocks. Consumer stocks have shown resilience, with retail ETFs up 10% this quarter wh...

Analyst Insights
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App