PVH Corp. price target raised to $95 from $86 at TD Cowen

TD Cowen analyst John Kernan raised the firm’s price target on PVH Corp. to $95 from $86 and keeps a Market Perform rating on the shares. The analyst said valuation multiples have little downside given management’s confidence in the International business and the repositioning of the domestic CK and Tommy businesses with impressive new management across CK.