PVH Corp. price target raised to $140 from $130 at Evercore ISI

Evercore ISI analyst Michael Binetti raised the firm’s price target on PVH Corp. to $140 from $130 and keeps an Outperform rating on the shares. The firm thinks PVH set “a conservative enough baseline” with initial 2024 guidance to support “at least small EPS beats through the year,” the analyst tells investors. The firm maintains its above-consensus Q1 EPS estimate at $2.25 and FY24 EPS estimate at $11.15, the analyst noted.