What Does Wall Street Think About Guess?, Inc (GES)?

Guess?, Inc. (NYSE:GES) is one of the most undervalued retail stocks to invest in. UBS raised the firm’s price target on Guess?, Inc. (NYSE:GES) to $16.75 from $13 on August 28, keeping a Neutral rating on the stock with the firm moving its target to the take-private transaction price.

Is Guess (GES) One of the Best Stocks for Consistent Passive Income?

Similarly, Telsey Advisory raised the firm’s price target on Guess?, Inc. (NYSE:GES) to $16.75 from $13 on August 21 while keeping a Market Perform rating on the shares.

The firm told investors that it is updating its price target after Guess?, Inc. (NYSE:GES) announced its go private agreement with Authentic Brands, valued at $1.4 billion.

Guess?, Inc. (NYSE:GES) is involved in the design, marketing, licensing, and distribution of contemporary apparel and accessories for women, men, and children.

The company’s operations are divided into the following segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing.

While we acknowledge the potential of GES to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GES and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.