Citigroup Maintains Buy on Capri Holdings, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez maintains a Buy rating on Capri Holdings (NYSE:CPRI) but lowers the price target from $63 to $56.
May 26, 2023 | 10:47 am
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NEUTRAL IMPACT
Citigroup maintains a Buy rating on Capri Holdings (NYSE:CPRI) but lowers the price target from $63 to $56.
The news of Citigroup maintaining a Buy rating on Capri Holdings is positive for the stock. However, the lowering of the price target from $63 to $56 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100