G-III Apparel (GIII) PT Raised to $28 at UBS Ahead of Q3 Results

UBS analyst Mauricio Serna raised the price target on G-III Apparel (NASDAQ: GIII) to $28.00 (from $26.00) while maintaining a Neutral rating.

The analyst commented, "We believe GIII had a decent quarter and forecast a 2c Q3 EPS beat. However, we expect GIII to maintain its FY26 (CY25) outlook given elevated macro uncertainty and tariff headwinds. We also anticipate in-line Q4 EPS guidance and thus see the Street's $2.69 FY26 EPS estimate staying near current levels. We believe the market has a similar view. As such, we doubt sentiment around GIII moves much because of its Q3 report. GIIII's stock has typically moved +/-12.3% over earnings. We anticipate less volatility than +/-12.3%."

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