Keybanc Maintains Overweight on G-III Apparel Group, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Noah Zatzkin has maintained an Overweight rating on G-III Apparel Group (NASDAQ:GIII) and increased the price target from $26 to $32.
December 06, 2023 | 9:46 am
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Keybanc analyst Noah Zatzkin reaffirmed an Overweight rating on G-III Apparel Group and raised the price target to $32, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a bullish outlook on the stock, suggesting that the analyst expects the stock to perform well in the near term. This can lead to increased investor confidence and potentially drive the stock price up.
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