Capri Holdings price target raised to $75 from $67 at Citi

Citi analyst Paul Lejuez raised the firm’s price target on Capri Holdings to $75 from $67 and keeps a Buy rating on the shares. The analyst expects a quarterly sales and earnings beat relative to consensus estimates and management guidance. Similarweb data points to significant sequential acceleration at the Kors and Versace brands in fiscal Q3 this year relative to last year, the analyst tells investors in a research note.