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.
June 09, 2024
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