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KeyBanc Lifts Price Target on Oxford (OXM) to $20

September 4, 2009 8:51 AM EDT
OXM Hot Sheet
Rating Summary:
    3 Buy, 0 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
KeyBanc raises its price target on shares of Oxford Industries (NYSE: OXM) from $18 to $20, citing an increased outlook for the sector as a whole. The firm maintains its Buy rating.

Based on yesterday's closing price of $16.93, KeyBanc's new price target represents potential price appreciation of about 18% from current levels.

Oxford Industries, Inc. engages in the design, production, sale, and distribution of branded and private label apparel, and footwear for men, women, and children primarily in the United States and the United Kingdom.

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