Tapestry Stock Faces Decline Following Jefferies Downgrade on Capri Deal Risks
Thursday, 29 February 2024, 16:26
Tapestry Downgraded by Jefferies
Jefferies recently downgraded Tapestry, citing risks related to the planned acquisition of Capri Holdings.
Stock Price Decline
Jefferies' downgrade has led to a decline in Tapestry's stock price, triggering concerns among investors.
- Investors are closely monitoring the situation
- The downgrade is seen as a response to the risks from the Capri deal
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