BofA analyst Christopher Nardone raised the firm’s price target on PVH Corp. (PVH) to $88 from $76 and keeps a Neutral rating on the shares after Q2 results beat the firm’s and consensus estimates. While the Q3 EPS outlook was below Street expectations, the full year EBIT and EPS outlook was unchanged, notes the analyst, who views the lack of a guidance cut on higher tariff rates as a positive, but acknowledges a bigger tariff impact will flow through in 2026 due to timing.
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Read More on PVH:
- 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
- PVH Corp. backs FY25 EPS view $10.75-$11.00, consensus $10.84
- PVH Corp. options imply 7.2% move in share price post-earnings
