Citigroup Downgrades Capri Holdings to Neutral, Maintains Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has downgraded Capri Holdings from Buy to Neutral, while maintaining the price target at $41.
September 13, 2024 | 1:46 pm
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Citigroup has downgraded Capri Holdings from Buy to Neutral, indicating a less optimistic outlook on the stock. The price target remains unchanged at $41.
The downgrade from Buy to Neutral suggests that Citigroup sees less potential for Capri Holdings to outperform in the near term. Maintaining the price target at $41 indicates that the analyst does not expect significant price movement beyond this level.
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IMPORTANCE 80
RELEVANCE 100