Oxford Industries price target raised to $40 from $35 at Telsey Advisory

Telsey Advisory raised the firm’s price target on Oxford Industries (OXM) to $40 from $35 and keeps a Market Perform rating on the shares. The company delivered another quarter of mixed results, with continued outperformance in Emerging Brands group and Lilly Pulitzer returning to growth while Tommy Bahama and Johnny Was experienced continued declines, the analyst tells investors. The firm believes near-term profitability visibility is challenging due to the current macro landscape, but expects for improvement as FY26 progresses