Jefferies raised its Tapestry target from $125 to $135, a favorable sign of the firm's view. The story gives no reason for the change and notes other target changes that day, so this is not proof of better company results.
A higher estimate suggests Jefferies sees more room for Tapestry's shares. The story gives no specific reason for the change and notes other analyst target changes that day, so this is a favorable signal, not a company result.
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