-
Posted by
Two Blokes Jul 29 -
Filed in
Stock
-
4 views
Coach parent Tapestry Inc (NYSE:TPR) has been downgraded by Bank of America to ‘Neutral,' with the bank citing limited upside following a 66% surge in the stock so far this year. While analysts at BofA maintained confidence in the growth momentum at the company's flagship Coach brand, they said the recent rally has pushed shares near fair value.
