Telsey Advisory Group Maintains Market Perform on G-III Apparel Group, Maintains $29 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey maintains a 'Market Perform' rating on G-III Apparel Group (GIII) with a maintained price target of $29.

March 22, 2024 | 11:59 am
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NEUTRAL IMPACT
G-III Apparel Group maintains a 'Market Perform' rating and a $29 price target from Telsey Advisory Group.
The maintenance of a 'Market Perform' rating and price target suggests a neutral outlook on G-III Apparel Group's stock. This indicates that Telsey Advisory Group does not foresee significant short-term price movement based on current information. The rating and price target are directly related to GIII, making this news highly relevant to the company. The importance is marked high as analyst ratings can influence investor perception and stock price, but not at the maximum since the rating and target were maintained, not changed. The confidence level is high due to the clear and direct analyst action.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100