Tapestry Inc (NYSE: TPR) stock closed at $50.49 on 10/25/24 after a major increase of 13.5%. Moreover, exceptionally high trading volume at 603% of normal accompanied the advance. The stock has risen 11.8% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, TPR is expected to continue to be a major Value Builder.
Tapestry has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Tapestry has a slightly positive Appreciation Score of 66 and a neutral Power Rating of 40, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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