JP Morgan downgraded Capri Holdings from Overweight to Neutral and set a new price target of $47.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/20/2024 | $21.00 | Equal Weight | Barclays |
| 11/15/2024 | $26.00 → $23.00 | Market Perform | Telsey Advisory Group |
| 10/25/2024 | $42.00 → $26.00 | Market Perform | Telsey Advisory Group |
| 10/17/2024 | $42.00 | Overweight → Equal Weight | Wells Fargo |
| 9/13/2024 | $41.00 | Buy → Neutral | Citigroup |
| 6/25/2024 | $57.00 → $43.00 | Equal Weight → Overweight | Wells Fargo |
| 6/17/2024 | $41.00 | Neutral → Buy | Citigroup |
| 4/23/2024 | $57.00 → $42.00 | Market Perform | Telsey Advisory Group |
Announces Strategic Initiatives to Return to Growth Schedules Conference Call With Investors https://www.capriholdings.com/StrategyPresentation Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced the mutual termination of its definitive merger agreement with Tapestry, Inc. Capri and Tapestry mutually agreed that terminating the merger agreement was in the best interests of both companies as the required closing condition of receiving necessary U.S. regulatory approvals was unlikely to be met by the merger agreement's outside date of February 10, 2025. The Company also announced its strategies to return to growth, which management will discuss on a call t
Reaffirms Commitment to Driving Accelerated Organic Growth and Shareholder Value Announces Additional $2 Billion Share Repurchase Authorization, Including a Planned Accelerated Share Repurchase Program Executes Plans to Redeem Acquisition-Related Debt Tapestry, Inc. (NYSE:TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today announced that it reached an agreement with Capri Holdings Limited (NYSE:CPRI) to terminate the merger agreement between the parties. Capri and Tapestry mutually agreed that terminating the merger agreement at this time is in the best interest of both companies, as the outcome of the legal proces
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the second quarter of Fiscal 2025 ended September 28, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107559622/en/(Photo: Business Wire) Second Quarter Fiscal 2025 Highlights Revenue decreased 16.4% on a reported basis and 16.4% in constant currency Adjusted operating margin of 3.0% Adjusted earnings per share of $0.65 John D. Idol, the Company's Chairman and Chief Executive Officer, said, "Overall, we were disappointed with our second quarter results as performance continued to be impacted by softening de
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that Mr. Mahesh Madhavan will be appointed to the Board of Directors effective March 30, 2023. Mr. Madhavan will join the company's Compensation and Talent Committee as well as the Governance, Nominating and Corporate Social Responsibility Committee. As of the date of Mr. Madhavan's appointment, the Capri Holdings Board will again be comprised of eight directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230329005869/en/(Photo: Business Wire) Mr. Madhavan is the Chief Executive Officer of Bacardi Limited, the largest privately held internation
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced that Mr. Cedric Wilmotte will be appointed Chief Executive Officer of the Michael Kors brand effective April 3, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230123005774/en/(Photo: Business Wire) Mr. Wilmotte recently served as the interim Chief Executive Officer for Versace from January through September 2022 and is currently Versace's Chief Operating Officer. Prior to his time at Versace, Mr. Wilmotte led the Michael Kors EMEA business from its inception in 2008 through 2021. During his tenure as President of Michael Kors EMEA, Mr. Wilmot
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced the appointment of Emmanuel Gintzburger as Chief Executive Officer of Versace effective September 12, 2022. Mr. Gintzburger will report to John D. Idol, Chairman and Chief Executive Officer of Capri Holdings. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220321005121/en/Versace (Photo: Business Wire) Mr. Gintzburger joins Versace from Alexander McQueen, where he served as CEO since May 2016. Prior to joining Alexander McQueen, Mr. Gintzburger was Worldwide Retail and Wholesale Director for Saint Laurent from 2011 to 2016, having joined the Parisia
Barclays resumed coverage of Capri Holdings with a rating of Equal Weight and set a new price target of $21.00
Telsey Advisory Group reiterated coverage of Capri Holdings with a rating of Market Perform and set a new price target of $23.00 from $26.00 previously
Telsey Advisory Group reiterated coverage of Capri Holdings with a rating of Market Perform and set a new price target of $26.00 from $42.00 previously
8-K - Capri Holdings Ltd (0001530721) (Filer)
10-Q - Capri Holdings Ltd (0001530721) (Filer)
8-K - Capri Holdings Ltd (0001530721) (Filer)
SC 13G/A - Capri Holdings Ltd (0001530721) (Subject)
SC 13G/A - Capri Holdings Ltd (0001530721) (Subject)
SC 13G/A - Capri Holdings Ltd (0001530721) (Subject)
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. JP Morgan cut the price target for Sea Limited (NYSE:SE) from $84 to $78. JP Morgan analyst Ranjan Sharma downgraded the stock from Overweight to Neutral. Sea shares gained 0.6% to close at $75.89 on Monday. See how other analysts view this stock. Morgan Stanley raised the price target for Birkenstock Holding plc (NYSE:BIRK) from $44 to $58. Morgan Stanley analyst Edouard Aubin maintained an Equal-Weight rating. Birkenstock shares fell 2.8% to close at $59.78 on Monday. See how other analysts view
Wells Fargo analyst Ike Boruchow upgrades Capri Holdings (NYSE:CPRI) from Equal-Weight to Overweight and lowers the price target from $57 to $43.
4 - Capri Holdings Ltd (0001530721) (Issuer)
4 - Capri Holdings Ltd (0001530721) (Issuer)
4 - Capri Holdings Ltd (0001530721) (Issuer)
Announces Strategic Initiatives to Return to Growth Schedules Conference Call With Investors https://www.capriholdings.com/StrategyPresentation Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced the mutual termination of its definitive merger agreement with Tapestry, Inc. Capri and Tapestry mutually agreed that terminating the merger agreement was in the best interests of both companies as the required closing condition of receiving necessary U.S. regulatory approvals was unlikely to be met by the merger agreement's outside date of February 10, 2025. The Company also announced its strategies to return to growth, which management will discuss on a call t
Reaffirms Commitment to Driving Accelerated Organic Growth and Shareholder Value Announces Additional $2 Billion Share Repurchase Authorization, Including a Planned Accelerated Share Repurchase Program Executes Plans to Redeem Acquisition-Related Debt Tapestry, Inc. (NYSE:TPR), a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, today announced that it reached an agreement with Capri Holdings Limited (NYSE:CPRI) to terminate the merger agreement between the parties. Capri and Tapestry mutually agreed that terminating the merger agreement at this time is in the best interest of both companies, as the outcome of the legal proces
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the second quarter of Fiscal 2025 ended September 28, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107559622/en/(Photo: Business Wire) Second Quarter Fiscal 2025 Highlights Revenue decreased 16.4% on a reported basis and 16.4% in constant currency Adjusted operating margin of 3.0% Adjusted earnings per share of $0.65 John D. Idol, the Company's Chairman and Chief Executive Officer, said, "Overall, we were disappointed with our second quarter results as performance continued to be impacted by softening de