G-III Apparel Group (GIII) Tops Q3 EPS by 7c, Revenues Miss; Lifts FY19 EPS/Revenue Guidance

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Go back to G-III Apparel Group (GIII) Tops Q3 EPS by 7c, Revenues Miss; Lifts FY19 EPS/Revenue Guidance

G-III Apparel (GIII) PT Lowered to $50 at Needham & Company; Says Buy on Pullback

December 7, 2018 7:14 AM EST

Needham & Company analyst Rick Patel lowered the price target on G-III Apparel (NASDAQ: GIII) to $50.00 (from $56.00) while maintaining a Buy rating. Patel attributes the stock decline that followed GIII's 3Q results to lower retail comps and GM contraction. Needham & Company are buyers... More