B. Riley Securities Reiterates Buy on Guess, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Jeff Lick has reiterated a Buy rating on Guess (NYSE:GES) and increased the price target from $33 to $37.
April 08, 2024 | 1:45 pm
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B. Riley Securities has raised the price target for Guess from $33 to $37 while maintaining a Buy rating.
The increase in price target by a reputable analyst firm like B. Riley Securities typically signals a positive outlook on the stock, suggesting potential upside. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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