JP Morgan Downgrades Capri Holdings to Neutral
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Matthew Boss has downgraded Capri Holdings (NYSE:CPRI) from Overweight to Neutral.
July 31, 2023 | 11:14 am
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NEGATIVE IMPACT
Capri Holdings has been downgraded from Overweight to Neutral by JP Morgan.
The downgrade by JP Morgan, a major financial institution, could negatively impact investor sentiment towards Capri Holdings, potentially leading to a decrease in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100