Telsey Advisory Group Reiterates Market Perform on Capri Holdings, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on Capri Holdings (NYSE:CPRI) and lowered the price target from $57 to $42.
April 23, 2024 | 12:17 pm
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Telsey Advisory Group reiterated a Market Perform rating on Capri Holdings and lowered the price target from $57 to $42.
The reduction in price target by Telsey Advisory Group suggests a bearish outlook on Capri Holdings' short-term price potential, likely due to anticipated challenges or underperformance. This could lead to negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100