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TPR

Tapestry

$43.81

1.13 (2.65%)

05:08
10/15/18
10/15
05:08
10/15/18
05:08

Tapestry downgraded to Hold from Buy at Loop Capital

Loop Capital analyst Laura Champine downgraded Tapestry to Hold and lowered her price target for the shares to $45 from $59. The company formerly known as Coach closed Friday up 3%, or $1.14, to $43.85. Tapestry's overall competitive positioning is less attractive into the holiday season, Champine tells investors in a research note. The analyst still expects the long-term cost synergies from the Kate Spade acquisition to be substantial, but she's concerned that "less-compelling fashion could yield disappointing holiday results." Champine, however, thinks the current 3% dividend yield and 6% free cash flow yield will support Tapestry shares at current levels.

  • 19

    Nov

TPR Tapestry
$43.81

1.13 (2.65%)

10/02/18
BOFA
10/02/18
NO CHANGE
BOFA
Lowe's, Tapestry added to US 1 List at BofA/Merrill
08/15/18
RBCM
08/15/18
NO CHANGE
Target $58
RBCM
Outperform
Tapestry price target raised to $58 from $53 at RBC Capital
RBC Capital analyst Brian Tunick raised his price target on Tapestry to $58, saying its Q4 results followed a "choppier" Q3 and helped restore confidence in the company's status as a "house of brands". Tunick adds that Tapestry's FY19 guidance was better than anticipated, with longer-term algorithm for a double-digit earnings growth from multiple brand drivers remaining on track. The analyst kept his Outperform rating on Tapestry.
08/15/18
GSCO
08/15/18
NO CHANGE
Target $61
GSCO
Tapestry price target raised to $61 from $54 at Goldman Sachs
Goldman Sachs analyst Alexandra Walvis raised Tapestry's price target to $61 from $54 and increased estimates following the "solid" Q4 report. Walvis has increased confidence in the outlook for Tapestry's multi-brand operating model and is encouraged by Coach's gross margin expansion, an earlier than expected Kate Space revenue acceleration, and guidance that was better than expected. The analyst views risk/reward as favorable heading into FY19 and reiterates her Conviction Buy rating on shares.
08/15/18
JPMS
08/15/18
NO CHANGE
Target $54
JPMS
Neutral
Tapestry price target raised to $54 from $50 at JPMorgan
JPMorgan analyst Matthew Boss raised his price target for Tapestry to $54 from $50 and maintained a Neutral rating, telling investors in a research note that he views kate spade new york as an attractive acquisition but with limited visibility on the pace of improved growth trends as management resizes the business to a healthy base. Stuart Weitzman is not yet a meaningful contributor to the group, at 5% of FY17 EBIT, but Boss says he expects to start to see EBIT margin expansion following a significant investment year in FY16.

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WSM

Williams-Sonoma

$70.48

-0.88 (-1.23%)

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W

Wayfair

$84.57

1.28 (1.54%)

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VFC

VF Corp.

$84.69

-1.7 (-1.97%)

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URBN

Urban Outfitters

$30.85

0.295 (0.97%)

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  • 19

    Nov

UAA

Under Armour

$17.29

-0.295 (-1.68%)

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ULTA

Ulta Beauty

$244.06

2.19 (0.91%)

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  • 05

    Dec

TJX

TJX

$58.40

-0.14 (-0.24%)

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  • 19

    Nov

TPR

Tapestry

$26.38

-0.295 (-1.11%)

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  • 20

    Nov

AFL

Aflac

$53.97

-0.04 (-0.07%)

21:02
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Aflac names Frederick Crawford new COO »

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ROST

Ross Stores

$110.97

-1.16 (-1.03%)

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  • 21

    Nov

RL

Ralph Lauren

$111.44

-2.58 (-2.26%)

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RH

RH

$174.48

-0.18 (-0.10%)

20:56
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PVH

PVH Corp.

$96.91

0.14 (0.14%)

20:53
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  • 26

    Nov

JWN

Nordstrom

$36.90

-0.52 (-1.39%)

20:51
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  • 20

    Nov

NKE

Nike

$89.51

-0.52 (-0.58%)

20:46
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EYE

National Vision

$27.03

0.24 (0.90%)

20:43
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LB

L Brands

$17.53

0.02 (0.11%)

20:40
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  • 21

    Nov

BABA

Alibaba

$186.97

0.26 (0.14%)

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Alibaba gets approval to sell shares in Hong Kong, SCMP reports »

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  • 19

    Nov

ENR

Energizer

$42.01

-1.1 (-2.55%)

, SPB

Spectrum Brands

$51.19

-0.76 (-1.46%)

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ENR

Energizer

$42.01

-1.1 (-2.55%)

SPB

Spectrum Brands

$51.19

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SSYS

Stratasys

$20.74

0.04 (0.19%)

FVRR

Fiverr

$21.56

-0.47 (-2.13%)

MTOR

Meritor

$23.44

-0.25 (-1.06%)

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DDOG

Datadog

$34.40

0.89 (2.66%)

20:02
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Datadog establishes Japanese subsidiary »

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  • 12

    Nov

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    Nov

NKE

Nike

$89.51

-0.52 (-0.58%)

, AMZN

Amazon.com

$1,778.33

6.63 (0.37%)

19:40
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Periodicals
Nike says to end retail pilot project w/ Amazon.com but continue AWS partnership 

Report from Bloomberg.

NKE

Nike

$89.51

-0.52 (-0.58%)

AMZN

Amazon.com

$1,778.33

6.63 (0.37%)

03/08/13
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  • 13

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    Nov

HPE

HP Enterprise

$17.34

-0.11 (-0.63%)

, FJTSY

Fujitsu

$0.00

(0.00%)

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HPE

HP Enterprise

$17.34

-0.11 (-0.63%)

FJTSY

Fujitsu

$0.00

(0.00%)

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  • 25

    Nov

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