Oxford Industries price target lowered to $44 from $47 at Citi

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.