The Buckle price target raised to $55 from $54 at UBS

UBS analyst Mauricio Serna raised the firm’s price target on The Buckle (BKE) to $55 from $54 and keeps a Neutral rating on the shares. Tariff headwinds should cause Buckle’s Q3 gross margin change and EPS growth to slow despite quarter over quarter sales growth acceleration, but this is likely already expected by the market, the analyst tells investors in a research note.