Wells Fargo Maintains Overweight on Capri Holdings, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow maintains an Overweight rating on Capri Holdings (NYSE:CPRI) but lowers the price target from $43 to $42.
August 09, 2024 | 3:30 pm
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Wells Fargo analyst Ike Boruchow maintains an Overweight rating on Capri Holdings but lowers the price target from $43 to $42.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100