Barclays raises PVH Corp price target to $154 after Q2 earnings beat estimates by $0.31.

Barclays and multiple other analysts have raised their price targets for apparel company PVH Corp, with Barclays raising its target from $149 to $154. PVH reported Q2 earnings per share of $2.45, beating analysts' estimates by $0.31. The company's board has authorized a stock repurchase program of up to $2 billion, signaling that its leadership believes shares are undervalued.