Oxford Industries price target raised to $106 from $105 at UBS

UBS raised the firm’s price target on Oxford Industries to $106 from $105 and keeps a Neutral rating on the shares. Oxford indicated sales over the Holiday season and Resort selling season to date came in-line with internal expectations on January 8, which takes part of the surprise potential out of the event, the analyst tells investors in a research note. The firm sees Oxford providing FY24 EPS guidance in the $10.20-$10.60 range and doubts sentiment changes much due to the Q4 report.