3 days Ago By Defense World Staff
Capri ( NYSE:CPRI – Free Report ) had its price target lowered by TD Cowen from $57.00 to $22.00 in a report released on Friday, Benzinga reports.
The brokerage currently has a hold rating on the stock. Several other equities research analysts also recently issued reports on the company. JPMorgan Chase & Co.
cut their price target on Capri from $57.00 to $22.00 and set a “neutral” rating for the company in a report on Friday, October 25th.
UBS Group cut their price target on Capri from $42.00 to $39.00 and set a “neutral” rating for the company in a report on Wednesday, September 11th.
Telsey Advisory Group dropped their target price on Capri from $26.00 to $23.00 and set a “market perform” rating for the company in a report on Friday.
StockNews.com downgraded Capri from a “hold” rating to a “sell” rating in a report on Tuesday, August 27th. Finally, Robert W.
Baird dropped their target price on Capri from $24.00 to $23.00 and set a “neutral” rating for the company in a report on Friday, November 8th.
One equities research analyst has rated the stock with a sell rating and eight have given a hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $28.
88. Get Our Latest Stock Analysis on CPRI Capri Trading Down 1.9 % Institutional Inflows and Outflows A number of hedge funds have recently modified their holdings of the stock.
FMR LLC grew its position in Capri by 389.2% in the third quarter. FMR LLC now owns 2,858,480 shares of the company’s stock valued at $121,314,000 after acquiring an additional 2,274,149 shares during the last quarter.
Baupost Group LLC MA bought a new position in Capri in the second quarter valued at about $33,080,000. DME Capital Management LP bought a new position in Capri in the second quarter valued at about $22,652,000. Primecap Management Co.
CA grew its position in Capri by 14.2% in the third quarter. Primecap Management Co.
CA now owns 4,140,755 shares of the company’s stock valued at $175,734,000 after acquiring an additional 515,963 shares during the last quarter. Finally, Khrom Capital Management LLC bought a new position in Capri in the first quarter valued at about $17,681,000. Institutional investors own 84.
34% of the company’s stock. About Capri ( Get Free Report ) Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors.
The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites. See Also Five stocks we like better than Capri What to Know About Investing in Penny Stocks Is Monolithic Power Systems a Screaming Buy After Near 40% Drop? 3 Warren Buffett Stocks to Buy Now Applied Materials Market Capitulates: Now is the Time to Buy What Are Dividend Champions? How to Invest in the Champions 3 Ultra-High Dividend Yield Stocks for the New Year Receive News & Ratings for Capri Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capri and related companies with MarketBeat.com's FREE daily email newsletter .
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