Citi lowered the firm’s price target on Oxford Industries (OXM) to $44 from $47 and keeps a Sell rating on the shares. The company’s Q1 earnings were in line with consensus “though were weak overall,” the analyst tells investors in a research note. The firm says Oxford cut its fiscal 2025, driven by higher assumed tariffs since it reported Q4. Oxford “remains in a tough spot as the macro environment remains very challenging,” contends Citi.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OXM:
- Oxford Industries Reports First Quarter 2025 Results
- Closing Bell Movers: Oracle jumps 7% after Q4 earnings beat
- Oxford Industries sees FY25 adjusted EPS $2.80-$3.20, consensus $4.35
- Oxford Industries reports Q1 adjusted EPS $1.82, consensus $1.82
- Oxford Industries sees Q2 EPS $1.05-$1.25, consensus $2.20