Barclays reinstated coverage of Capri Holdings (CPRI) with an Overweight rating and $31 price target The firm cites its improved checks on the company’s promotions, better brand momentum for Michael Kors, and the successful completion of its Versace sale for the buy rating.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CPRI: