BTIG initiated coverage of Capri Holdings (CPRI) with a Buy rating and $30 price target The firm believes the company has “multiple avenues for shareholder value creation.” Capri’s focus on a Michael Kors profitability recovery is the most visibility opportunity to create value, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CPRI:
- Unusually active option classes on open September 10th
- TPR, CPRI, BRBY: Luxury Stocks Drop on News That Fashion Icon Giorgio Armani Has Died
- Capri Holdings participates in a conference call with Maxim
- ‘Time to Hit Buy’: JPMorgan Makes a Move on These 2 Stocks
- Capri Holdings price target raised to $23 from $21 at BofA