Capri Holdings Set Up to Show Investors Turnaround is Working -- Market Talk
Dow Jones
Oct 22
1535 ET - Capri Holdings is on track to support the narrative that its turnaround is making progress, Raymond James analysts say, upgrading the stock to outperform from market perform. The analysts' channel checks show sequential improvement in demand signals and promotional activity. Plus, the luxury fashion company gave conservative fiscal 2026 guidance, which the analysts think is beatable. The analysts also think Capri can beat expectations for F2Q, which will give investors confidence that its turnaround is working. Capri Holdings rises 4.3% to $22.36. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
October 21, 2025 15:35 ET (19:35 GMT)
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