G-III Apparel price target lowered to $30 from $32 at UBS

UBS analyst Mauricio Serna lowered the firm’s price target on G-III Apparel (GIII) to $30 from $32 and keeps a Neutral rating on the shares. A 5c Q4 EPS beat is expected on stronger-than-anticipated gross margins, but attention is likely to center on FY27 guidance, the analyst tells investors in a research note Retail caution and a $400M revenue headwind from PVH (PVH) license roll-offs could drive EPS guidance below the $3.03 consensus estimate, creating an unfavorable risk/reward dynamic around the event, the firm says.