UBS analyst Mauricio Serna raised the firm’s price target on G-III Apparel to $29 from $25 and keeps a Neutral rating on the shares. G-III Apparel delivered a beat and raise report for Q3, but the firm expects weak EPS growth to limit P/E expansion, the analyst tells investors in a research note.
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Read More on GIII:
- G-III Apparel price target raised to $32 from $26 at KeyBanc
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- G-III Apparel raises FY24 EPS view to $3.90-$4.00 from $3.05-$3.15
