UBS raised the firm’s price target on PVH Corp. (PVH) to $148 from $146 and keeps a Buy rating on the shares. The company continued to perform well in Q2 and has the brand strength and balance sheet to drive earnings growth over the long term despite macro headwinds, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PVH:
- PVH Corp Exceeds Q2 Revenue Expectations, Reaffirms Outlook
- PVH Corp. price target raised to $101 from $83 at Barclays
- 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