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Shares of G-III Apparel Group Ltd. (Symbol: GIII) reached $26.12, surpassing the average 12-month target price of $25.25 set by analysts. This milestone prompts potential analyst reactions, including a possible downgrade or an increased target price.
Within the Zacks coverage universe, there are mixed analyst forecasts for G-III, with targets ranging from $18.00 to $30.00 and a standard deviation of $5.123. Current ratings include 1 Strong Buy, 2 Hold, and 1 Strong Sell, resulting in an average rating of 3.0 on a scale where 1 is Strong Buy and 5 is Strong Sell.
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