Bernstein Reaffirms Tapestry (TPR) Buy Rating as Coach Brand Shows Strong Momentum

Tapestry, Inc. (NYSE:TPR) ranks among the best consumer discretionary stocks to buy now. On June 17, Bernstein SocGen Group reaffirmed its $100 price target and Outperform rating for Tapestry, Inc. (NYSE:TPR), pointing to the company’s Coach brand’s steady growth.

Following meetings with the CEO and CFO of Tapestry, Inc. (NYSE:TPR), the firm identified five key indicators that contributed to the continued success of the Coach brand. Based on the company’s polls of thousands of American consumers, Bernstein observed that Coach has been effective in drawing in and keeping younger customers, indicating longevity for the brand’s equity.

Bernstein noted that rather than “buying growth,” Coach is exhibiting good brand health measures, citing rising average pricing, low markdowns, and limited product availability.

Tapestry, Inc. (NYSE:TPR) is an American multinational fashion holding company that owns a number of leading fashion brands, particularly Coach, Kate Spade New York, and Stuart Weitzman. With its headquarters in New York, the company offers its products both directly and indirectly through licensing and wholesale companies.

While we acknowledge the potential of TPR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Read More: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds

Disclosure: None.