Tapestry (NYSE:TPR) Sets New 1-Year High - Here's What Happened
Tapestry (NYSE:TPR) reached a new 52-week high of $131.77 on Tuesday, with analysts largely maintaining a "Moderate Buy" consensus despite the average price target being slightly lower at $125.26. The company recently exceeded quarterly earnings and revenue estimates, provided strong FY2026 guidance, and authorized a $1.0 billion share buyback, although it also has a high dividend payout ratio and recent insider share sales. Several research firms have reiterated "outperform" or "overweight" ratings with price targets up to $154.00.
https://www.marketbeat.com/instant-alerts/tapestry-nysetpr-sets-new-1-year-high-heres-what-happened-2026-01-06/