Oxford Industries price target raised to $50 from $47 at Truist

Truist raised the firm’s price target on Oxford Industries (OXM) to $50 from $47 and keeps a Hold rating on the shares. The stock rose after a Q2 earnings beat as the company maintained its FY25 outlook despite the inclusion of higher tariffs, which exceeded low investor expectations, the analyst tells investors in a research note. Truist adds that it is encouraged by Oxford’s low-single-digit comps quarter-to-date and its “solid” tariff mitigation efforts.