Tapestry, Inc. (NYSE: TPR) Sees Varied Investor Sentiment and Analyst Upgrade

Core Viewpoint - Tapestry, Inc. has received a "Buy" rating from BTIG with a new price target of $175, indicating positive investor sentiment despite mixed actions from other investors [1][6]. Investment Actions - Thrivent Financial for Lutherans has reduced its investment in Tapestry by selling 31,329 shares, representing a 43.3% decrease in their holdings, leaving them with 40,966 shares valued at approximately $4.6 million [2]. - Keybank National Association OH has increased its stake in Tapestry by 14.8%, acquiring an additional 5,952 shares, bringing their total holdings to 46,066 shares valued at around $5.2 million [3]. - The National Pension Service has purchased a new stake in Tapestry valued at approximately $608,000 during the third quarter, indicating growing interest from institutional investors [4]. Stock Performance - Tapestry's stock price is currently $152.10, reflecting a 6.22% increase, with fluctuations between $144.38 and $153.10 today, and a 52-week high of $153.13 and a low of $58.39 [5]. - The market capitalization of Tapestry stands at approximately $31.13 billion, with a trading volume of 3,250,077 shares today [5].