TD Cowen Maintains Market Perform on Capri Holdings, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Oliver Chen maintains a Market Perform rating on Capri Holdings (NYSE:CPRI) and lowers the price target from $55 to $40.
June 01, 2023 | 12:28 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
TD Cowen analyst Oliver Chen maintains a Market Perform rating on Capri Holdings and lowers the price target from $55 to $40.
The lowered price target from $55 to $40 by TD Cowen analyst Oliver Chen indicates a bearish outlook on Capri Holdings. This news is likely to have a negative impact on the stock price in the short term as it suggests that the analyst believes the stock is overvalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100