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Fly News Breaks for February 7, 2020
TPR
Feb 7, 2020 | 08:45 EDT
Baird analyst Mark Altschwager raised his price target on Tapestry to $33 from $30 following better than expected results. He noted the company posted solid holiday results but noted management cut its guidance as expected due to the coronavirus. The analyst sees Tapestry with a reasonable valuation and favorable risk/reward. Altschwager reiterated his Outperform rating on Tapestry shares.
News For TPR From the Last 2 Days
TPR
Apr 15, 2024 | 10:02 EDT
Tapestry (TPR) disclosed that the and the European Commission approved its pending acquisition of Capri Holdings (CPRI) unconditionally today. At this time, the only outstanding antitrust regulatory approval or clearance for the transaction is in the United States, Tapestry added. The parties have obtained antitrust regulatory approval or clearance for the transaction in all other jurisdictions for which regulatory approval or clearance is a closing condition.
