Research analysts at Susquehanna Bancshares Inc began coverage on shares of Tapestry Inc (NYSE:TPR) in a report released on Thursday. The brokerage set a “positive” rating and a $50.00 price target on the stock.
Separately, Citigroup Inc. started coverage on Tapestry in a report on Thursday. They issued a “positive” rating and a $50.00 price objective for the company.
Tapestry, Inc, formerly Coach, Inc, is a design house of luxury accessories and lifestyle collections. The Company’s product offering uses a range of leathers, fabrics and materials. Its segments include North America, International and Stuart Weitzman. The North America segment includes sales of Tapestry brand products to North American customers through Tapestry-operated stores (including the Internet) and sales to North American wholesale customers.
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