KeyBanc Reiterates Overweight Rating on G-III Apparel (GIII)

KeyBanc analyst Ashley Owens reiterated an Overweight rating and $33.00 price target on G-III Apparel (NASDAQ: GIII).

The analyst commented: "This week, we hosted a lunch with GIII CFO Neal Nackman, Chief Growth and Operations Officer Dana Perlman, SVP IR and Treasurer Priya Trivedi, and Samantha Hanley (IR). Conversations largely centered around: 1) goforward portfolio; 2) tariffs; and 3) current fundamentals. While nothing has changed materially since last week's print, our discussions reinforced our confidence in the go-forward portfolio and LT opportunity for each of the brands. Though the environment remains uncertain, we see potential for GIII to navigate the current dynamics better than its peer set."

For an analyst ratings summary and ratings history on G-III Apparel click here. For more ratings news on G-III Apparel click here.

Shares of G-III Apparel closed at $26.90 yesterday.

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