Barclays analyst Paul Kearney raised the firm’s price target on PVH Corp. (PVH) to $101 from $83 and keeps an Overweight rating on the shares. The firm says stronger sales and better margins drove the Q2 beat while the company’s outlook for the remainder of fiscal 2025 remains conservative. Barclays says the shares are “too cheap” at current levels.
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Read More on PVH:
- PVH Stock Undervalued Despite Strong Q2 Performance: Buy Rating Justified
- PVH Corp. price target raised to $88 from $76 at BofA
- Closing Bell Movers: MongoDB jumps nearly 30% after beat and raise
- PVH Corp. reports Q2 adjusted EPS $2.52, consensus $2.00
- PVH Corp. sees Q3 adjusted EPS $2.35-$2.50, consensus $2.94