Shares of Tapestry, the parent company of Kate Spade and Coach, were soaring 9% on Wednesday after Deutsche Bank upgraded the stock and said shares had gotten too cheap. This year the stock has falling 32%. According to Deutsche analyst Paul Trussell, the selloff this year has gone too far. He increased his rating on … Continue reading “Tapestry Shares Soar as Analyst Calls Stock Too Cheap”
