Wells Fargo Maintains Underweight on G-III Apparel Group, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Matthew Gulmi maintains an Underweight rating on G-III Apparel Group (NASDAQ:GIII) and lowers the price target from $24 to $23.
March 15, 2024 | 12:05 pm
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NEGATIVE IMPACT
Wells Fargo analyst Matthew Gulmi maintains an Underweight rating on G-III Apparel Group and lowers the price target from $24 to $23.
The reduction in price target by a notable analyst could lead to a negative perception among investors, potentially causing a short-term decrease in G-III Apparel Group's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100