Telsey Advisory Group Maintains Market Perform on Capri Holdings, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained a Market Perform rating on Capri Holdings but has lowered the price target from $42 to $26.
October 25, 2024 | 7:19 pm
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Telsey Advisory Group has maintained a Market Perform rating on Capri Holdings but has significantly lowered the price target from $42 to $26, indicating a more cautious outlook.
The significant reduction in the price target from $42 to $26 suggests a more cautious outlook on Capri Holdings' future performance. This could lead to a negative short-term impact on the stock price as investors adjust their expectations.
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