Citigroup Upgrades Capri Holdings to Buy, Lowers Price Target to $41
$CPRI
Apparel
Consumer Discretionary
Citigroup analyst Paul Lejuez upgrades Capri Holdings (NYSE:CPRI) from Neutral to Buy and lowers the price target from $56 to $41.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/10/2025 | $23.00 | Neutral | BofA Securities |
| 1/10/2025 | $20.00 → $28.00 | Equal Weight → Overweight | Wells Fargo |
| 1/10/2025 | $21.00 → $29.00 | Neutral → Buy | Citigroup |
| 1/6/2025 | $25.00 → $31.00 | Market Perform → Outperform | BMO Capital Markets |
| 11/26/2024 | $30.00 | Neutral → Buy | Guggenheim |
| 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 |
BofA Securities resumed coverage of Capri Holdings with a rating of Neutral and set a new price target of $23.00
Wells Fargo upgraded Capri Holdings from Equal Weight to Overweight and set a new price target of $28.00 from $20.00 previously
Citigroup upgraded Capri Holdings from Neutral to Buy and set a new price target of $29.00 from $21.00 previously
SCHEDULE 13G - Capri Holdings Ltd (0001530721) (Subject)
10-Q - Capri Holdings Ltd (0001530721) (Filer)
8-K - Capri Holdings Ltd (0001530721) (Filer)
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of Fiscal 2025 ended December 28, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250205722374/en/(Photo: Business Wire) Third Quarter Fiscal 2025 Highlights Revenue decreased 11.6% on a reported basis and 11.4% in constant currency Adjusted operating margin of 6.0% Adjusted earnings per share of $0.45 John D. Idol, the Company's Chairman and Chief Executive Officer, said, "Overall our business remained challenged during the quarter and we were disappointed with our results. We are reeva
Capri Holdings Limited (NYSE:CPRI) today announced that it plans to report its third quarter fiscal 2025 financial results on Wednesday, February 5, 2025, at approximately 6:45 a.m. ET. The Company also plans to hold a conference call to discuss its financial results the same day at 8:30 a.m. ET. Those who wish to participate in the call may do so by dialing (877) 704-4453 or (201) 389-0920 for international callers, conference ID 13750496. A live webcast of the conference call will also be available on the Company's website, www.capriholdings.com. In addition, a replay of the call will be available shortly after the conclusion of the call and remain available until February 12, 2025. T
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
SC 13G/A - Capri Holdings Ltd (0001530721) (Subject)
SC 13G/A - Capri Holdings Ltd (0001530721) (Subject)
SC 13G/A - Capri Holdings Ltd (0001530721) (Subject)
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced the promotion of Philippa Newman to Chief Brand and Product Officer, effective immediately. In this expanded role, Ms. Newman will oversee all product and marketing functions. She will continue reporting directly to John D. Idol, Chairman and CEO of Capri Holdings and Michael Kors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250213565551/en/(Photo: Business Wire) Ms. Newman has been with Michael Kors for over 16 years, most recently serving as the Chief Product Officer where she has already taken a pivotal role in driving product innovation and
Capri Holdings Limited (NYSE:CPRI) today announced that it will host an Investor Day on Wednesday, February 19, 2025 in New York City. The event will feature presentations and a question and answer session with Capri's executive management team including John Idol, Chairman and Chief Executive Officer and Tom Edwards, Chief Financial and Chief Operating Officer, as well as leaders from Versace, Jimmy Choo and Michael Kors. The event will begin at 1:00 p.m. ET and is expected to conclude by 3:30 p.m. ET. Due to limited capacity, in-person attendance is by invitation only and advance registration is required. A live video broadcast of the event can be accessed on the Company's Investor Rela
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today announced its financial results for the third quarter of Fiscal 2025 ended December 28, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250205722374/en/(Photo: Business Wire) Third Quarter Fiscal 2025 Highlights Revenue decreased 11.6% on a reported basis and 11.4% in constant currency Adjusted operating margin of 6.0% Adjusted earnings per share of $0.45 John D. Idol, the Company's Chairman and Chief Executive Officer, said, "Overall our business remained challenged during the quarter and we were disappointed with our results. We are reeva
4 - Capri Holdings Ltd (0001530721) (Issuer)
4 - Capri Holdings Ltd (0001530721) (Issuer)
4 - Capri Holdings Ltd (0001530721) (Issuer)
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