Citi raised the firm’s price target on PVH Corp. to $139 from $104 and keeps a Neutral rating on the shares. The analyst expects the company’s Q4 sales and earnings to come in above consensus and guidance. However, the stock is one of the more crowded longs in the group, says the firm. With high expectations, it believes it will be tough for the stock to move higher on the Q4 report.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PVH:
- PVH Corp. price target raised to $165 from $119 at JPMorgan
- PVH Corp. upgraded to Outperform from Market Perform at TD Cowen
- PVH Corp Announces Quarterly Cash Dividend Distribution
- PVH Corp. upgraded to Mixed from Negative at OTR Global
- PVH Corp. price target raised to $134 from $100 at Morgan Stanley