Tapestry (TPR) to Acquire Capri Holdings (CPRI) for $57/sh or $8.5B Cash

Go back to Tapestry (TPR) to Acquire Capri Holdings (CPRI) for $57/sh or $8.5B Cash

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