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Fly News Breaks for September 12, 2019
GIII
Sep 12, 2019 | 06:06 EDT
Piper Jaffray analyst Erinn Murphy raised her price target for G-III Apparel to $25 from $22 and reiterates a Neutral rating on the shares after traveling with management. The analyst says the most incremental part of the discussion was around management's "evolving view" of their retail operations. Optionality around exiting retail is an "intriguing opportunity," but more visibility is needed, Murphy tells investors in a research note.
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