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Added to YB: 2025-02-20

Pitch date: 2025-02-18

TPR [bullish]

Tapestry, Inc.

+42.22%

current return

Author Info

No bio for this author

Company Info

Tapestry, Inc. provides accessories and lifestyle brand products in North America, Greater China, rest of Asia, and internationally.

Market Cap

$21.6B

Pitch Price

$86.63

Price Target

110.00 (-11%)

Dividend

1.51%

EV/EBITDA

11.32

P/E

84.50

EV/Sales

3.48

Sector

Textiles, Apparel and Luxury Goods

Category

growth

Show full summary:
Redburn-Atlantic Upgrades Tapestry (TPR) to Buy, Sets $110 Price Target

TPR: Redburn-Atlantic upgrades to Buy, $110 PT. Coach brand accelerating, premium sales growth & margin expansion potential. Kate Spade opportunity. Mid-teens EPS CAGR to 2028E beats consensus. 16.9x fwd P/E. Strong cash flow. 25% upside from $45 acquisition scenario.

Read full article (1 min)