Goldman Sachs analyst Brooke Roach reinstated coverage of Capri Holdings (CPRI) with a Neutral rating and $27 price target The company is on firmer footing following the sale of Versace, a “deleveraging event,” and the Michael Kors brand is undergoing a turnaround, but consensus estimates are already embedding “a healthy level of improvement in sales and margins from here,” the analyst tells investors.
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