Telsey Advisory raised the firm’s price target on Capri Holdings (CPRI) to $22 from $20 and keeps a Market Perform rating on the shares. The company’s Q1 results as well as its outlook for the year were better than expected, the analyst tells investors. However, the company is still early in its turnaround and more work needs to be done, the firm adds.
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:
- Capri Holdings price target raised to $24 from $22 at TD Cowen
- Capri Holdings Reports Q1 Fiscal 2026 Results
- Capri Holdings’ Earnings Call: Cautious Optimism Amid Challenges
- Capri Holdings: Balancing Optimism with Caution Amidst Market Challenges
- Capri Holdings price target raised to $24 from $21 at JPMorgan