CPRI Stock Forecast: Luxury Fashion Starts to Recover From COVID-19 Effects
This CPRI stock forecast article was written by Maria Grishaev, Analyst at I Know First.
Executive Summary
- 2020 was a mixed year for the CPRI stock, but as the company and the world starts to emerge from the COVID-19 crisis and the e-commerce growth, we can expect further improvement in the stock price.
- Quantitative analysis results indicate bullish signals after stock price topped out the moving average line.
- CPRI deserves a one-year target price range of 50-60$.