Piper Jaffray analyst Erinn Murphy raised his price target for G-III Apparel Group to $54 after traveling with management yesterday in Boston. While tariffs and rising freight costs remain challenges for the operating environment, management indicates retailers are disciplined with their inventory, the channel is clean and the consumer demand environment is robust, Murphy tells investors in a research note. The analyst sees positive momentum at G-III in the second half of the year and believes her estimates will prove conservative. Murphy keeps an Overweight rating on the shares.