Guess? slips after earnings, Q1 results beat forecasts

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Go back to Guess? slips after earnings, Q1 results beat forecasts

Guess (GES) PT Lowered to $25 at Jefferies

May 31, 2024 5:57 AM EDT

Jefferies analyst Corey Tarlowe lowered the price target on Guess (NYSE: GES) to $25.00 (from $29.00) while maintaining a Hold rating.

The analyst comments "GES reported better-than-expected 1Q top- and bottom-line results, with revenue growth (7% YoY in cc) and GM expansion (+120bps)... More