PVH Corp. price target raised to $95 from $92 at TD Cowen

TD Cowen raised the firm’s price target on PVH Corp. to $95 from $92 and keeps a Market Perform rating on the shares. The firm said the company’s top-line performance in DTC globally and management’s increased confidence on improved inventory management and cost savings plan, gives Cowen a bit more conviction in their above consensus estimates into 2024.