UBS Maintains Neutral on G-III Apparel Group, Raises Price Target to $21
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Jay Sole maintains a Neutral rating on G-III Apparel Group (NASDAQ:GIII) and raises the price target from $16 to $21.

June 07, 2023 | 12:37 pm
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NEUTRAL IMPACT
UBS analyst Jay Sole maintains a Neutral rating on G-III Apparel Group and raises the price target from $16 to $21.
The news of UBS maintaining a Neutral rating on G-III Apparel Group and raising the price target from $16 to $21 indicates that the analyst sees potential for the stock price to increase. However, the Neutral rating suggests that the analyst does not expect significant outperformance or underperformance in the short term. This may lead to a neutral impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100