Tapestry, Inc. Announces Definitive Agreement to Acquire Capri Holdings Limited, Establishing a Powerful Global House of Iconic Luxury and Fashion Brands

Go back to Tapestry, Inc. Announces Definitive Agreement to Acquire Capri Holdings Limited, Establishing a Powerful Global House of Iconic Luxury and Fashion Brands

Edward Jones downgrades Tapestry (TPR) on concerns surrounding Capri acquisition

August 11, 2023 11:00 AM EDT

Edward Jones removed their under review rating from Tapestry Inc. (NYSE: TPR) and downgraded the company to Hold (From Buy) while removing shares from the Edward Jones Stock Focus List.

We have concerns around the acquisition of Capri Holdings during a... More