Barclays Maintains Equal-Weight on G-III Apparel Group, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Paul Kearney has maintained an Equal-Weight rating on G-III Apparel Group (NASDAQ:GIII) and increased the price target from $23 to $30. This adjustment reflects a more positive outlook on the company's stock value.
December 06, 2023 | 11:17 am
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Barclays analyst has maintained an Equal-Weight rating on G-III Apparel Group but raised the price target from $23 to $30, indicating a positive outlook.
The increase in price target by a notable analyst suggests a more optimistic view on the company's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100