Brean Murray reiterates its Buy rating on Oxford Industries (OXM +1.4%) and raises its price...

|About: Oxford Industries Inc. (OXM)|By:, SA News Editor

Brean Murray reiterates its Buy rating on Oxford Industries (OXM +1.4%) and raises its price target to $55 from $46 following an upbeat presentation at a conference. "With management commenting that sales momentum and full price selling remained strong throughout the holidays and inventory levels were muted, we think it is still time to be aggressive," Brean says.