Wedbush Reiterates Neutral on PVH, Maintains $88 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic has reiterated a Neutral rating on PVH Corp (NYSE:PVH) and maintained the price target of $88. This suggests that Wedbush's outlook on PVH's stock performance is stable, with no significant change expected in the near term.
November 30, 2023 | 2:05 pm
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Wedbush analyst Tom Nikic has reiterated a Neutral rating on PVH Corp and maintained an $88 price target, indicating a stable outlook without significant short-term growth or decline.
The reiteration of a Neutral rating and maintenance of the price target by a reputable analyst like Tom Nikic suggests that there are no new catalysts or significant changes expected for PVH Corp's stock in the short term. This typically results in a neutral impact on the stock price as the market has likely already priced in the analyst's expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100