Capri Holdings (CPRI) Gets a Buy from J.P. Morgan
In a report released today, Matthew Boss from J.P. Morgan maintained a Buy rating on Capri Holdings, with a price target of $30.00.
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According to TipRanks, Boss is a 4-star analyst with an average return of 4.4% and a 51.20% success rate. Boss covers the Consumer Cyclical sector, focusing on stocks such as Tapestry, Boot Barn, and Ralph Lauren.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Capri Holdings with a $24.60 average price target.
Based on Capri Holdings’ latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $856 million and a GAAP net loss of $28 million. In comparison, last year the company earned a revenue of $797 million and had a net profit of $53 million
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