Keybanc Maintains Overweight on Oxford Industries, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Noah Zatzkin maintains an Overweight rating on Oxford Industries (NYSE:OXM) but has lowered the price target from $130 to $120.
October 25, 2023 | 9:43 am
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Oxford Industries' price target has been lowered from $130 to $120 by Keybanc, though the Overweight rating is maintained.
The news is directly about Oxford Industries. The lowering of the price target might indicate a slightly less optimistic outlook for the company's stock, but the maintenance of the Overweight rating suggests that the analyst still sees the stock as a good investment. This could have a neutral impact on the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100