Telsey Advisory Group Maintains Market Perform on G-III Apparel Group, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has maintained a 'Market Perform' rating on G-III Apparel Group (NASDAQ:GIII) and increased the price target from $24 to $30.
December 06, 2023 | 10:09 am
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Telsey Advisory Group has reaffirmed G-III Apparel Group's 'Market Perform' rating and raised the price target to $30, indicating a positive outlook on the stock.
The increase in price target by Telsey Advisory Group suggests a positive sentiment towards G-III Apparel Group's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price. The 'Market Perform' rating indicates that the stock is expected to perform in line with the market, but the raised target price implies that the analyst sees some upside potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100