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Oxford Industries price target lowered to $57 from $66 at UBS

Oxford Industries price target lowered to $57 from $66 at UBS

UBS lowered the firm’s price target on Oxford Industries (OXM) to $57 from $66 and keeps a Neutral rating on the shares. Oxford has a “decent portfolio” of lifestyle brands capable of delivering long-term growth, but the company’s “weak” fiscal 2025 guidance reinforces the view its fundamentals remain under pressure, the analyst tells investors in a research note. UBS expects sales challenges and margin compression to limit the company’s earnings growth in fiscal 2025, preventing stock outperformance.

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