BofA lowered the firm’s price target on PVH Corp. (PVH) to $76 from $86 and keeps a Neutral rating on the shares. Following Q1 results, the firm is lowering its FY25 and FY26 EPS estimates by 13% and 16% to $10.77 and $11.83, respectively, due to a lower margin forecast to reflect tariffs and increased promotions.
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Read More on PVH:
- PVH Corp. price target lowered to $98 from $113 at TD Cowen
- PVH Corp. price target lowered to $64 from $86 at Morgan Stanley
- PVH Corp. price target lowered to $146 from $150 at UBS
- PVH Corp. price target lowered to $95 from $105 at Jefferies
- PVH Corp Surpasses Q1 Revenue Guidance, Updates 2025 Outlook