Tapestry Inc. (NYSE:TPR) is one of the best performing S&P 500 stocks in 2025. On December 17, Baird analyst Mark Altschwager raised the firm’s price target on Tapestry to $140 from $130 with an Outperform rating on the shares. The firm anticipates a more favorable environment heading into 2026, expecting consumer stimulus to pave the way for robust revenue and earnings growth, particularly once the initial impact of tariffs subsides after the first half of the year.
A day prior to this rating, Wells Fargo analyst Ike Boruchow raised the price target on Tapestry to $135 from $125 with an Overweight rating on the shares. The firm is leaning more bullish on the sector heading into 2026. Despite a bifurcated market, Wells Fargo cited three key tailwinds: resilient early holiday consumer spending, favorable tax policy changes, and the potential for corporate windfalls if tariffs are repealed or refunded.
Additionally, earlier on December 12, Jefferies analyst Ashley Helgans raised the firm’s price target on Tapestry to $142 from $135 and kept a Buy rating on the shares. After adjusting price targets across its fashion coverage, the firm is prioritizing stocks with strong existing momentum over speculative turnaround stories. The firm believes that the market is currently betting on a resilient consumer and a favorable tariff environment in the near term.
Tapestry Inc. (NYSE:TPR) provides accessories and lifestyle brand products in North America, Greater China, rest of Asia, and internationally. The company operates in three segments: Coach, Kate Spade, and Stuart Weitzman.
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Disclosure: None. This article is originally published at Insider Monkey.