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-- 9.100 
Capri holdings plummeted due to failed acquisition, I give a "strong buy" rating.
$Capri Holdings (CPRI.US)$ Author: Jeffrey Fischer
After the acquisition plan proposed by Tapestry was blocked,capri holdings the stock price plummeted nearly 50% in after-hours trading.
I believe that Capri has been struggling in the past two years, largely due to the management's inability to integrate brands such as Versace and Jimmy Choo.
Despite operational difficulties, Capri's high gross margin indicates that the brand has not been damaged, and management improvement can significantly enhance shareholder value.
I consider Capri Holdings to be a strong buy stock for patient investors, with a target price of $45.60 per share assuming improvements in management and execution.
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