NYSE:TPRLuxury
How Investors May Respond To Tapestry (TPR) Downgrade Amid Earnings And Gen Z Demand Focus
In recent days, Jefferies downgraded Tapestry to Hold from Buy, arguing that much of the near-term upside is already reflected in the stock after its strong prior rally, while also highlighting potential catalysts such as a strong December quarter and any future repeal of tariffs alongside risks like tougher price comparisons, softer brand momentum, and rising discounting.
At the same time, analysts are watching Tapestry’s upcoming fiscal second-quarter earnings, where expectations for...