TD Cowen Downgrades Capri Holdings to Hold, Lowers Price Target to $17
TD Cowen analyst Oliver Chen downgrades Capri Holdings (NYSE:CPRI) from Buy to Hold and lowers the price target from $20 to $17.
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Capri CEO Capri Holding CEO John D. Idol Said, "At Michael Kors certain headwinds including lower than anticipated inventory levels in the second quarter, softer trends in EMEA and updated foreign currency exchange rate assumptions are impacting our revenue outlook."
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- Aug 5, 2026, 10:48 AM
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