PVH Corp. price target raised to $103 from $98 at Barclays

Barclays raised the firm’s price target on PVH Corp. (PVH) to $103 from $98 and keeps an Overweight rating on the shares post the Q4 report. The firm sees an attractive valuation, highlighting the company’s high cash-flow and ability to return capital to shareholders. PVH offers upside potential from both the takeback of license businesses and healthy growth in the North America wholesale channel, the analyst tells investors in a research note.