- Michael Kors (KORS -2.1%) and J.C. Penney (JCP -4.4%) both trade lower after the two stocks ended up on the bottom of Citigroup's list of favorites in the specialty retail and department store sectors.
- Michael Kors was initiated with a Sell rating and $38 price target (~11% downside).
- Citi coverage on J.C. Penney started off with a Sell rating and $7 price target (~25% downside).
Michael Kors and J.C. Penney lower after Citi weighs in
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Symbol | Last Price | % Chg |
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CPRI | - | - |
Capri Holdings Limited |