Evercore ISI cuts price targets on Match Group and Tapestry, keeps Outperform
Evercore ISI kept Outperform ratings on Match Group and Tapestry but lowered targets to $51 and $145, according to TradingView citing Benzinga data.
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what happened
Evercore ISI Group kept its Outperform rating on Match Group and lowered its price target from $53 to $51, a 3.8% cut. According to TradingView, citing Benzinga, the new target implies a 21.2% upside from the November 2 close of $42.07.
The same firm kept Outperform on Tapestry but reduced its target from $160 to $145, a 9.4% decrease. The new target implies a 20.1% upside from the November 2 close of $120.76. Across the five most recent notes from other analysts over the past 30 days, Match Group targets ranged from $38 to $53, while Tapestry targets in the four latest notes ranged from $140 to $200.
why it matters
Changes to price targets like these are routine. They reflect one analyst updating its model rather than a new buy or sell decision for the shares. The spread of targets for both companies shows that analysts' estimates differ noticeably.
tags
instruments
sources
- Evercore ISI Group maintains Match Group at Outperform, lowers price target to $51 from $53 — TradingView, 3 November 2026 at 15:37 UTC
- Evercore ISI Group maintains Tapestry at Outperform, lowers price target to $145 from $160 — TradingView, 3 November 2026 at 15:48 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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