12 Unstoppable Dividend Stocks to Buy According to Analysts

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7. Tapestry, Inc. (NYSE:TPR)

Upside Potential as of February 7: 13.54%

1-Year Return: 89.23%

On February 6, Baird raised its price recommendation on Tapestry, Inc. (NYSE:TPR) to $160 from $140. The firm also kept an Outperform rating on the shares. The update came after the firm refreshed its model following Tapestry’s Q2 results.

Tapestry raised its full-year targets for the second time, helped by strong demand for its Tabby handbags. The affordable luxury brand had a strong holiday quarter, beating expectations with room to spare. Much of that momentum came from affluent Gen Z shoppers, who have been buying Tabby bags priced between $295 and $725. The trend has clearly favored the Coach label, especially as competitors like Michael Kors have struggled to connect with more selective customers.

Coach posted a 25% jump in revenue to $2.14 billion in the second quarter. That result easily topped analysts’ expectations for roughly 14.5% growth, based on data from LSEG. Following the strong quarter, Tapestry lifted its full-year adjusted earnings outlook to $6.40 to $6.45 per share, up from its prior range of $5.45 to $5.60.

The company now expects operating margins to improve by about 180 basis points this year, compared with an earlier target of around 50 basis points. Full-year revenue is projected to exceed $7.75 billion, up from about $7.3 billion previously. Tapestry also increased its expected share buybacks for fiscal 2026 to roughly $1.2 billion, from $1 billion.

Tapestry, Inc. (NYSE:TPR) operates a portfolio of accessories and lifestyle brands that includes Coach and kate spade new york. Coach is positioned as a global fashion house offering accessories and lifestyle collections across a wide range of categories.

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