11/26

Capri Holdings Rises 2.18% After Guggenheim Upgrade to 'Buy'

Capri Holdings (CPRI) shares have risen 2.18% to $22.01 as of 8:40 am on November 26th, following an upgrade from Guggenheim, which shifted its rating from "neutral" to "buy." The investment firm set a price target of $30.00, indicating a potential upside of 39.41% from the previous close of $21.54. Guggenheim's analysts highlighted the potential for a "significant earnings recovery story" as a key factor in their decision to upgrade the stock. This positive outlook comes amid a backdrop of mixed ratings from other analysts, with the stock currently holding an average rating of "Hold" and a consensus target price of $28.20.