J.Jill price target lowered to $40 from $44 at BTIG

BTIG lowered the firm’s price target on J.Jill (JILL) to $40 from $44 and keeps a Buy rating on the shares. The company’s Q3 slightly exceeded consensus with trends improving as the quarter progressed, and Q4 was guided largely in-line with prior expectations, the analyst tells investors in a research note. While J.Jill consumer is clearly less exuberant than they were at the start of the year, the company’s performance – despite showing intra-quarter choppiness – has overall held relatively steady, with margins remaining strong, the firm adds.