Edward Jones lowered shares of Tapestry ( NYSE:TPR – Free Report ) from a buy rating to a hold rating in a report released on Friday, MarketBeat reports. A number of other equities research analysts have also issued reports on the stock. Jefferies Financial Group cut their target price on shares of Tapestry from $53.00 to $50.00 in a research note on Friday, August 4th. StockNews.com started coverage on shares of Tapestry in a research note on Thursday, May 18th. They issued a buy rating on the stock.

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