Guess price target raised to $32 from $26 at UBS

UBS analyst Mauricio Serna raised the firm’s price target on Guess to $32 from $26 but keeps a Neutral rating on the shares after its Q4 earnings beat and FY25 outlook. The company’s revenue guidance implies an acceleration vs. a 1% 4-year CAGR since 2019, though the below-consensus earnings forecast suggests ongoing investments to drive this growth should weigh on margins and earnings, the analyst tells investors in a research note. UBS adds that it is therefore doubting that Guess will delivers earnings surprises over the next twelve months.