Guess price target raised to $12 from $11 at UBS

UBS raised the firm’s price target on Guess (GES) to $12 from $11 and keeps a Neutral rating on the shares ahead of the Q1 earnings report. UBS believes Guess had a lackluster Q1 given topline challenges in Americas retail and is forecasting a 6c EPS miss for Q1, the analyst tells investors in a research note. Additionally, the firm believes Guess is likely to withdraw its outlook for fiscal 2026 given elevated macro and U.S. tariff uncertainty.