J.Jill price target lowered to $21 from $31 at Telsey Advisory

Telsey Advisory lowered the firm’s price target on J.Jill (JILL) to $21 from $31 and keeps a Market Perform rating on the shares. The company reported a solid Q4, with sales and expense deleverage coming in better than expected, the analyst tells investors. The firm maintains its rating on the stock given increased consumer uncertainty reflected in the cautious annual outlook.

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