Goldman Sachs Maintains Neutral on PVH, Raises Price Target to $99
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brooke Roach has maintained a Neutral rating on PVH Corp (NYSE:PVH) and increased the price target from $88 to $99.
December 01, 2023 | 3:12 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on PVH Corp but raises the price target from $88 to $99, indicating a potential upside from the current trading level.
The increase in price target by Goldman Sachs suggests a positive outlook on PVH's future performance, which could lead to increased investor confidence and a potential short-term rise in the stock price. The Neutral rating indicates that the stock is adequately valued at present, but the raised target implies room for growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100