Guess?, Inc. Faces Financial Uncertainty Amid Proposed Transaction Challenges
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Guess?, Inc. faces financial uncertainty due to significant risks from a proposed transaction. The company anticipates further expenses from delays in approvals, political developments, terminated contracts, decreased orders, and efforts to retain personnel. Transaction fees and operational costs add to the uncertainty, with many costs difficult to estimate and payable regardless of transaction completion. The average GES stock price target is $16.75, indicating a -1.41% downside potential.
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