Jefferies analyst Randal Konik raised his price target for Capri Holdings to $80 from $75 and keeps a Buy rating on the shares. The company's long-term opportunity in Asia is being overlooked, while its near-term investments should drive improved stability and multiple expansion, Konik tells investors in a research note. The analyst views consensus estimates as too low and sees "significant upside ahead" for shares of Capri Holdings with the valuation near all-time lows. Konik's sum-of-the-parts analysis indicates Capri Holdings shares could more than double.

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OTR Global downgraded its view of Capri Holdings to Mixed from Positive, citing checks.