Redburn Atlantic upgrades Tapestry on Coach momentum

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Go back to Redburn Atlantic upgrades Tapestry on Coach momentum

Jefferies Reiterates Hold Rating on Capri Holdings (CPRI)

February 20, 2025 10:20 AM EST

Jefferies analyst Ashley Helgans reiterated a Hold rating and $21.00 price target on Capri Holdings (NYSE: CPRI)

The analyst comments "We attended CPRI's investor day in NYC. Detailed guide includes sales returning to growth in FY27 and OM% returning to DD% in FY28, both ahead of Street. Co. is bullish on turnaround prospects, esp. for MK and Versace through repositioning product, investments, and raising AUR, although it was also clear there will be NT headwinds as consumers adj.... More