Guggenheim analyst Robert Drbul maintains $Tapestry (TPR.US)$ with a buy rating, and adjusts the target price from $60 to $70.
According to TipRanks data, the analyst has a success rate of 55.9% and a total average return of 6.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Tapestry (TPR.US)$'s main analysts recently are as follows:
Tapestry has been selected for the Analyst Focus List as a value pick following the termination of the planned merger with Capri Holdings. Tapestry is prioritizing the strength of Coach and the return to sustainable sales growth for Kate Spade before considering future acquisitions. The stock is seen as undervalued at its current trading price.
Following the mutually agreed termination of the planned merger between the company and Capri, it is deemed a 'prudent' move as both entities prioritize the reallocation of their resources and time to concentrate on their individual portfolios. With the conclusion of the merger discussions, there continues to be an opportunity for value creation within the company's existing portfolio.
Tapestry's recently halted agreement with Capri Holdings has led to the redemption of the related deal debt and the proclamation of a $2 billion share repurchase plan, which is expected to contribute a minimum of $0.75 to earnings per share. The analyst notes the potential for an approximate $6.00 earnings per share by fiscal year 2026, and suggests that a valuation multiple of 15 times could present a bullish scenario with significant upside.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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Guggenheim分析师Robert Drbul维持$Tapestry (TPR.US)$买入评级，并将目标价从60美元上调至70美元。
根据TipRanks数据显示，该分析师近一年总胜率为55.9%，总平均回报率为6.2%。
此外，综合报道，$Tapestry (TPR.US)$近期主要分析师观点如下：
在与capri holdings计划中的合并终止后，Tapestry被选入分析师关注名单，成为价值投资的选择。Tapestry优先考虑Coach的实力以及Kate Spade的可持续销售增长，才会考虑未来的收购。该股票在当前交易价格下被视为被低估。
在公司与capri之间的计划合并双方同意终止后，这被视为一种"审慎"的举动，因为两个实体都优先考虑将资源和时间重新分配，以专注于各自的投资组合。合并讨论结束后，公司现有投资组合内仍然存在价值创造的机会。
Tapestry与capri holdings最近中止的协议导致相关交易债务的赎回，并宣布一项20亿美元的股票回购计划，预计将为每股收益贡献至少0.75美元。分析师指出，预计到2026财年每股收益约为6.00美元，并建议15倍的估值倍数可能呈现出看好的情景，具有显著的上行空间。
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