Superior Group price target lowered to $15 from $18 at Barrington

Barrington analyst Kevin Steinke lowered the firm’s price target on Superior Group (SGC) to $15 from $18 and keeps an Outperform rating on the shares. Superior reported a Q1 net loss per share of (5c), which compared to the firm’s estimate of 11c and the consensus of 12c, as management noted that customer hesitancy related to economic uncertainty continued throughout Q1 and said customer decision-making has slowed further recently due to uncertainty about tariffs. The firm cites estimate changes following the report for its decreased price target