Oxford Industries (OXM) shares were down more than 3% in recent Friday trading following its fiscal Q4 results and "weak" guidance in the previous day.
"We think OXM has a decent portfolio of lifestyle brands capable of delivering LT sales and EPS growth," UBS said in a report.
"However, its weak FY25 guidance reinforces our view its fundamentals remain under pressure," it said. UBS cut its price target to $57 from $66 while keeping its neutral rating.
Late Thursday, Oxford reported better-than-expected Q4 results while expecting fiscal year 2025 adjusted EPS of $4.60 to $5.00 on revenue of $1.49 billion to $1.53 billion. Analysts surveyed by FactSet expected $6.81 on $1.54 billion revenue.
Separately, KeyBanc downgraded the stock to sector weight from overweight and removed its $80 price target.
Price: 60.13, Change: -2.42, Percent Change: -3.86
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