Guggenheim Maintains Buy on Capri Holdings, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Robert Drbul maintains a Buy rating on Capri Holdings (NYSE:CPRI) but lowers the price target from $61 to $51.
June 01, 2023 | 12:50 pm
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NEUTRAL IMPACT
Guggenheim analyst maintains Buy rating on Capri Holdings (NYSE:CPRI) but lowers price target from $61 to $51.
The news of Guggenheim maintaining a Buy rating on Capri Holdings is positive for the stock. However, the lowering of the price target from $61 to $51 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100