JPMorgan upgraded Capri Holdings (CPRI) to Overweight from Neutral with a price target of $30, up from $24, after meeting with the company. Capri highlighted revenue improvement throughout fiscal 2026 and a growth inflection at Michael Kors in fiscal 2027, the analyst tells investors in a research note. The firm cites the company’s product improvement, value proposition, enhancing marketing and distribution optimization for the upgrade.
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