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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OXM:
- Oxford Industries downgraded to Sector Weight from Overweight at KeyBanc
- Oxford Industries Reports Fiscal 2024 Earnings Results
- Closing Bell Movers: Lululemon falls 10% on soft guidance
- Oxford Industries reports Q4 adjusted EPS $1.37, consensus $1.27
- Oxford Industries options imply 5.6% move in share price post-earnings