Why Tapestry's Stock Is Trading Higher Today

Tapestry Inc TPR shares are trading higher on Monday after Needham maintained its Buy rating on the stock and lowered the price target from $18 to $16..

Tapestry is a luxury fashion holding company based in New York. It is the parent company of Coach New York, Kate Spade New York and Stuart Weitzman.

Tapestry shares were trading up 11.51% at $15.21 on Monday. The stock has a 52-week high of $39.06 and a 52-week low of $10.18.

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