Capri Holdings (CPRI) PT Lowered to $40 at Credit Suisse

Long-Dated Call Buying in Capri Holdings Limited (CPRI) Targets 123% Upside in Shares Through Jan 2021 -Susquehanna

Susquehanna options strategist Alison Edwards notes long-dated call buying activity in Capri Holdings Limited (NYSE: CPRI), as an opening investor bought 10k Jan21 75 Calls, adding to ~70k in long open intersst. This investor expresses sentiment that the shares have increased upside potential through... More

Capri Holdings (CPRI) PT Lowered to $40 at Cowen

Cowen analyst Oliver Chen lowered the price target on Capri Holdings (NYSE: CPRI) to $40.00 (from $50.00) while maintaining a Market Perform rating.

Chen commented, "The Michael Kors brand faces a weaker NA accessories market of flat to slightly down, watch/jewelry... More

Capri Holdings (CPRI) PT Lowered to $54 at Needham & Company

Needham & Company analyst Rick Patel lowered the price target on Capri Holdings (NYSE: CPRI) to $54.00 (from $61.00) while maintaining a Buy rating.

Patel commented, "We attribute CPRI's 9.9% stock pullback yesterday (the S&P 500 was down 0.7%) to the Michael Kors (MK) brand,... More

Capri Holdings (CPRI) PT Lowered to $54 at Piper Jaffray

Piper Jaffray analyst Erinn Murphy lowered the price target on Capri Holdings (NYSE: CPRI) to $54.00 (from $65.00) while maintaining a Overweight rating.

Capri Holdings (CPRI) PT Lowered to $40 at Wells Fargo

Wells Fargo lowered its price target on Capri Holdings (NYSE: CPRI) to $40.00 (from $48.00) while maintaining a Market Perform rating.

Capri Holdings (CPRI) PT Lowered to $71 at UBS

UBS lowered its price target on Capri Holdings (NYSE: CPRI) to $71.00 (from $73.00) while maintaining a Buy rating.

Pre-Open Movers 05/29: (SOLY) (CARA) (AMRN) Higher; (ANF) (GOOS) (CPRI) (more...)

Today's Pre-Open Movers

Soliton, Inc. (NASDAQ: SOLY) 53.6% HIGHER; adds to 148% move on Tuesday following FDA 510(k) clearance.

Abercrombie & Fitch (NYSE: ANF) 18.9% LOWER; reported Q1 EPS of ($0.29), $0.15 better than the analyst estimate of ($0.44). Revenue for the quarter came in at $733.97 million versus the consensus estimate of $733.16 million. Q2 Net sales to be flat to up 2%, reflecting an adverse impact from changes in foreign currency exchange rates of approximately $10 million. Q2 Comparable... More

Capri Holdings Limited (CPRI) Tops Q4 EPS by 2c, Offers FY Guidance

Capri Holdings Limited (NYSE: CPRI) reported Q4 EPS of $0.63, $0.02 better than the analyst estimate of $0.61. Revenue for the quarter came in at $1.34 billion versus the consensus estimate of $1.33 billion.

GUIDANCE:

Capri Holdings Limited sees FY2020 EPS of $4.95, versus the consensus of... More