Baird Maintains Outperform on Capri Holdings, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mark Altschwager maintains an Outperform rating on Capri Holdings (NYSE:CPRI) but lowers the price target from $68 to $58.
June 01, 2023 | 11:06 am
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Baird analyst Mark Altschwager maintains an Outperform rating on Capri Holdings (NYSE:CPRI) but lowers the price target from $68 to $58.
The news of Baird maintaining an Outperform rating on Capri Holdings is positive for the stock. However, the lowering of the price target from $68 to $58 may create some uncertainty among investors. The overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100