Group 1: Company Performance and Ratings - Capri Holdings Limited (NYSE:CPRI) received a rating update from TD Cowen, lowering the price target to $26 from $32 while maintaining a Buy rating, citing better-than-expected fiscal Q3 results but higher expectations holding the stock back [1] - Goldman Sachs cut the price target to $24 from $27 while maintaining a Neutral rating, noting sequential improvement in Michael Kors full-price sales and stronger-than-expected Jimmy Choo performance, but highlighted ongoing wholesale reset and outlet pressure affecting near-term results [2] - UBS also updated its rating, cutting the price target to $22 from $25 and maintaining a Neutral rating, stating that the company is executing self-help initiatives to restore brand momentum, with the fiscal Q3 report indicating that the turnaround is broadly on track, though recovery may take longer than anticipated [3] Group 2: Brand Overview - Capri Holdings Limited manages luxury brands including Jimmy Choo, Versace, and Michael Kors, with the Versace segment covering luxury apparel, accessories, and footwear, while Jimmy Choo focuses on luxury footwear and handbags, and Michael Kors operates through various retail formats including lifestyle stores and e-commerce [4]