PVH Corp. price target raised to $93 from $83 at Goldman Sachs

Goldman Sachs raised the firm’s price target on PVH Corp. (PVH) to $93 from $83 and keeps a Buy rating on the shares. The quarter reinforced a constructive outlook, supported by progress on the PVH+ plan, stronger product newness, improved full-price selling, better gross margins ex-tariffs, and disciplined costs, alongside increased marketing investment and brand momentum, particularly at Calvin Klein, the analyst tells investors in a research note. While forward commentary was encouraging, including positive Europe order books and DTC growth expectations for FY26, an uncertain consumer backdrop in EMEA and a second half-weighted guide remain moderating factors, the firm says.