Shares of Tapestry ended slightly higher on Monday after Goldman Sachs upgraded the stock from neutral to buy, and boosted its price target on the stock from $16 to $18. Tapestry — which owns Coach, Kate Spade and Stuart Weitzman — has favorable promotional control, superior channel mix, and healthy balance sheet with an attractive valuation, according to Goldman, and has a more consolidated market share category.
from Yahoo Finance https://ift.tt/3gahxRR
Leave a Reply