Barclays Maintains Equal-Weight on G-III Apparel Group, Raises Price Target to $20
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst Paul Kearney maintains an Equal-Weight rating on G-III Apparel Group (NASDAQ:GIII) and raises the price target from $15 to $20.
June 07, 2023 | 10:21 am
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Barclays maintains an Equal-Weight rating on G-III Apparel Group and raises the price target from $15 to $20.
The news of Barclays maintaining an Equal-Weight rating on G-III Apparel Group and raising the price target from $15 to $20 indicates that the analyst sees potential in the stock but is not overly bullish. This may not have a significant short-term impact on the stock price, but it could provide a positive sentiment for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100