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Capri Holdings price target lowered to $17 from $23 at Telsey Advisory
TipRanks
Sat, Apr 12, 2025, 7:25 AM 1 min read
In This Article:
Telsey Advisory lowered the firm’s price target on Capri Holdings (CPRI) to $17 from $23 and keeps a Market Perform rating on the shares. The firm sees the sale of Versace as an “appropriate step” following the collapse of the TPR acquisition, the analyst tells investors. The firm is reducing its price target on the stock given the incrementally more challenging macro backdrop.
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