Barclays Maintains Equal-Weight on G-III Apparel Group, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Paul Kearney maintains an Equal-Weight rating on G-III Apparel Group (NASDAQ:GIII) and raises the price target from $20 to $23.
September 08, 2023 | 5:03 pm
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Barclays maintains an Equal-Weight rating on G-III Apparel Group and raises the price target from $20 to $23.
The news is directly related to G-III Apparel Group. Barclays' decision to maintain an Equal-Weight rating indicates a neutral outlook for the company. However, the increase in the price target from $20 to $23 suggests a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100