Telsey Advisory raised the firm’s price target on G-III Apparel (GIII) to $34 from $30 and keeps a Market Perform rating on the shares. The company delivered a “mixed bag” in Q3, the analyst tells investors. While the company has been encouraged by customer demand during the holiday season so far, G-III Apparel has taken a cautious approach to its Q4 guidance due to the impact of tariffs and uncertain consumer environment, the firm adds.
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