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.
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 as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.