This suggests that the fund is confident in the company’s future prospects. The recent activity by Impact Partnership Wealth LLC and other hedge funds highlights the growing interest in Tapestry, Inc. as a potential investment opportunity. This interest is likely driven by several factors, including the company’s strong brand recognition, its expanding product portfolio, and its focus on digital transformation. Tapestry, Inc.
is a global luxury fashion brand. It is a publicly traded company listed on the New York Stock Exchange under the ticker symbol TPR. **Key Financial Ratios:**
* **Quick Ratio:** Measures a company’s ability to pay its short-term liabilities with its most liquid assets.
Analysts at Goldman Sachs and Morgan Stanley have issued positive outlooks for Tapestry’s future growth. Analysts at Goldman Sachs predict that Tapestry will achieve a 10% annualized growth rate in revenue over the next three years. Analysts at Morgan Stanley have a more conservative outlook, predicting a 5% annualized growth rate.
Tapestry, Inc.
