TD Cowen upgrades a fashion house, citing ‘brand heat’ from Gen Z
TD Cowen sees a bright future ahead for fashion giant Tapestry . The investment bank upgraded Tapestry — the parent of Coach and Kate Spade New York — to a buy rating from hold. Analyst Oliver Chen also lifted his price target 11%, to $100 from $90. Shares of Tapestry have surged 25% this year…
