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Fly News Breaks for June 3, 2015
GIII
Jun 3, 2015 | 08:43 EDT
Cowen raised its price target on G-III Apparel to $71 from $63 after the company's top and bottom line beat in Q1. The firm believes the Street is still underestimating its growth and earnings power, strong product momentum and the potential for another large acquisition which could add to growth. Cowen reiterated its Outperform rating on G-III Apparel shares.
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