Tapestry, Inc.

(New York Stock Exchange)
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Slightly Bullish +25

Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: PENN Entertainment (PENN), Tapestry (TPR) and RealReal (REAL)

AI-generated analysis

πŸ“‰ Analyst Trey Bowers at Wells Fargo maintained a Hold rating on PENN Entertainment with a price target of $19.00.

πŸ“Š The Street generally rates PENN as a Moderate Buy with an average price target of $19.14, implying 23.5% upside from current levels.

πŸ’° BTIG analyst Robert Drbul upgraded Tapestry to a Buy rating and set a price target of $180.00, which is higher than the recent closing price of $146.45.

⭐ Drbul holds a 4-star analyst rating with an average return of 5.5% and a 54.7% success rate according to TipRanks data.

πŸ›οΈ The overall consensus for Tapestry is a Strong Buy, with an average price target of $168.36 representing 13.3% upside potential.

🏷️ Northland Securities analyst Bobby Brooks assigned RealReal a Buy rating and set a price target of $20.00 on shares closing at $12.54.

⭐ Brooks is considered a top-tier 5-star analyst with an impressive average return of 42.2% and a 72.8% success rate.

πŸ›οΈ The general consensus for RealReal is a Moderate Buy, with an average price target of $17.58 representing significant 45.8% upside from current levels.

πŸ’Ό In separate news regarding PENN, Barclays raised its price target to $24 from $23.

πŸš€ Penn National Gaming signaled a strategic rebound and deleveraging in recent company communications.

πŸ€– Tesla and IBM recently slid despite reporting quarterly beats, highlighting broader market volatility concerns.

Bullish Signals
  • Analysts have a Strong Buy consensus rating on Tapestry (TPR) with an average price target of $168.36, representing a 13.3% upside from current levels.
  • BTIG analyst Robert Drbul maintained a Buy rating on Tapestry today and set a new price target of $180.00.
  • The general street consensus for RealReal suggests a Moderate Buy with an average price target of $17.58, representing a significant 45.8% upside from current prices.
  • Northland Securities analyst Bobby Brooks assigned a Buy rating to RealReal today and set a price target of $20.00.
  • Penn National Gaming has signaled a rebound and is actively deleveraging, indicating strong management focus on improving the balance sheet.
Risk Factors
  • Wells Fargo analyst Trey Bowers maintained a Hold rating on PENN Entertainment, setting a price target of $19.00 which is higher than its closing price of $17.26 but reflects caution given the mixed market signals.
  • Analyst xAI reiterated a Hold rating on PENN with a significantly lower $15.50 price target, diverging from the broader Street consensus and suggesting internal disagreement on valuation potential.
  • Wells Fargo analyst Trey Bowers currently holds a poor ranking of 0 on a 0-5 scale, indicating limited confidence or insufficient data coverage in the sector.
  • The overall analyst sentiment for PENN shows conflicting views with some maintaining Hold ratings despite a general Moderate Buy consensus, suggesting uncertainty around future performance.
  • The article highlights volatility concerns for related CNR shares and broader market worries about when the AI boom will end, creating an unfavorable macroeconomic backdrop.
Full Analysis
Analysts have expressed diverging opinions regarding three key consumer cyclical companies: PENN Entertainment (PENN), Tapestry (TPR), and RealReal (REAL). Wells Fargo analyst Trey Bowers maintained a Hold rating on PENN, setting a price target of $19.00 after the stock closed at $17.26 last Thursday; while TipRanks data indicates Bowers has a 27.3% success rate, the broader street consensus rates PENN as a Moderate Buy with an average price target of $19.14, representing 23.5% upside from current levels. Notably, other recent reports highlighted mixed performance for PENN, including Barclays raising its price target to $24 and CNR noting Penn reported Q1 adjusted EPS of 11 cents against a consensus of 2 cents. For Tapestry, BTIG analyst Robert Drbul reaffirmed a Buy rating with a price target of $180.00, following the company's stock price closing at $146.45. Drbul holds a four-star rating on TipRanks with a 54.7% success rate and focuses on names like Levi Strauss & Co., whereas the general analyst consensus for Tapestry is a Strong Buy with an average target of $168.36, implying 13.3% upside. Previous coverage from Telsey Advisory also supported this view, maintaining a Buy rating on April 13 with a target of $160.00. Regarding RealReal, Northland Securities analyst Bobby Brooks assigned a Buy rating and set a price target of $20.00 after shares closed at $12.54. Brooks is considered a five-star analyst by TipRanks with an impressive 72.8% success rate, though his coverage list includes Industrial Goods sectors like Tetra Technologies. The aggregate street sentiment for RealReal leans Moderate Buy with an average price target of $17.58, suggesting significant upside potential of 45.8%. Additional reports from Roth MKM also maintained a Buy rating on April 17 with a target of $18.50.