G-III Apparel Group (GIII) Not Immune To Soft Retail Enviornment - Piper Jaffray
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Piper Jaffray Cuts Price Target on G-III Apparel Group (GIII) to $48 Following 1Q
June 2, 2016 8:07 AM EDTPiper Jaffray maintained an Overweight rating on G-III Apparel Group (NASDAQ: GIII), and cut the price target to $48.00 (from $51.00), following the company's 1Q earnings report. On the call, management indicated that Wilsons' comps were down 13.6% for Q1 and GH Bass were down 5.1%.
Analyst Erinn Murphy commented, "We are... More
