Raymond James Downgrades Capri Holdings to Market Perform
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Rick Patel has downgraded Capri Holdings (NYSE:CPRI) from Strong Buy to Market Perform.

August 11, 2023 | 11:41 am
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Capri Holdings has been downgraded from Strong Buy to Market Perform by Raymond James, which could potentially impact the stock's performance.
Analyst ratings often influence investor sentiment and can impact a stock's price. A downgrade from Strong Buy to Market Perform suggests that the analyst sees less upside potential in the stock, which could lead to selling pressure and a potential decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100