Streetbeat News

Analyst Ratings

CPRI

TPR

Tapestry, Inc (TPR) plans to acquire Capri Holdings Limited (CPRI) for $57.00 per share, a total enterprise value of approximately $8.5 billion. The combined company is expected to generate over $12 billion in global annual sales. TPR has secured $8.0 billion in bridge financing from Bank of America N.A. and Morgan Stanley Senior Funding, Inc. Telsey Advisory Group maintained CPRI with a Market Perform and raised the price target from $41 to $57. Raymond James downgraded CPRI from Strong Buy to Market Perform.

Portfolio Pulse from Anusuya Lahiri

August 11, 2023 | 5:24 pm

DNUT

JP Morgan analyst John Ivankoe has maintained an Overweight rating on Krispy Kreme (NASDAQ:DNUT) but lowered the price target from $18 to $16.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 5:23 pm

PRMW

JP Morgan analyst Andrea Teixeira maintains an Overweight rating on Primo Water (NYSE:PRMW) and raises the price target from $18 to $20.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 5:22 pm

PNNT

JP Morgan analyst Melissa Wedel maintains a Neutral rating on Pennant Park Investment (NYSE:PNNT) and raises the price target from $6 to $6.5.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 5:22 pm

CYBR

JP Morgan analyst Brian Essex maintains a Neutral rating on CyberArk Software (NASDAQ:CYBR) and raises the price target from $175 to $182.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 5:20 pm

CBT

JP Morgan analyst Jeffrey Zekauskas maintains a Neutral rating on Cabot (NYSE:CBT) and raises the price target from $68 to $70.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 5:18 pm

ACHR

JP Morgan analyst Bill Peterson maintains an Overweight rating on Archer Aviation (NYSE:ACHR) and raises the price target from $6 to $8.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 5:17 pm

ADTN

Needham analyst Ryan Koontz has reiterated a 'Buy' rating on Adtran (NASDAQ:ADTN) and maintained a price target of $12.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 5:16 pm

NVVE

Chardan Capital analyst Brian Dobson has reiterated a 'Buy' rating on Nuvve Holding (NASDAQ:NVVE) and maintained a price target of $2.5.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 5:16 pm

AEYE

B. Riley Securities analyst Zach Cummins has maintained a 'Buy' rating on AudioEye (NASDAQ:AEYE) but lowered the price target from $9 to $8.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 5:15 pm