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Fly News Breaks for June 5, 2019
CPRI
Jun 5, 2019 | 08:46 EDT
MKM Partners analyst Roxanne Meyer lowered her price target on Capri Holdings to $40 and kept her Neutral rating, saying the "tough wholesale environment, ongoing weakness in watches, and lack of stability in accessories" could make sales and margins at Michael Kors more difficult. The analyst also notes that the company's June 4th investor day that included showroom tours of Jimmy Choo and Michael Kors gave her better appreciation of the management's strategies to grow sales and margins by brand over the next few years and longer-term.
News For CPRI From the Last 2 Days
CPRI
Apr 17, 2024 | 16:32 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
CPRI
Apr 17, 2024 | 11:59 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
CPRI
Apr 17, 2024 | 09:31 EDT
OTR Global downgraded its view of Capri Holdings to Mixed from Positive, citing checks.
