Capri Holdings ( (CPRI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Capri Holdings stocks have experienced a positive boost as analysts from Citi and Wells Fargo upgraded their ratings and increased price targets. Citi sees the company as undervalued with a favorable risk/reward profile, suggesting potential upside if brand performance improves after a blocked merger. Wells Fargo also highlights the strong risk/reward scenario due to stable demand in the U.S. and Europe, pointing to various opportunities for success.
More about Capri Holdings
YTD Price Performance: 4.37%
Average Trading Volume: 5,104,143
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.54B
For further insights into CPRI stock on TipRanks’ Stock Analysis page.
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