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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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