PVH Corp. price target raised to $100 from $84 at UBS

UBS analyst Jay Sole raised the firm’s price target on PVH Corp. to $100 from $84 and keeps a Buy rating on the shares. The company has the brand strength and balance sheet to drive earnings growth over the long term, despite multiple macro headwinds, the analyst tells investors in a research note. Sole adds that PVH CEO has only just begun executing his plan to improve PVH profitability, with major margin unlocks coming over the next few years.