BMO Capital Maintains Market Perform on PVH, Raises Price Target to $107
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Simeon Siegel maintains a Market Perform rating on PVH Corp (NYSE:PVH) and increases the price target from $90 to $107.
December 01, 2023 | 3:32 pm
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BMO Capital analyst Simeon Siegel maintains a Market Perform rating on PVH Corp and raises the price target from $90 to $107, indicating a positive outlook on the stock.
The increase in price target from $90 to $107 by BMO Capital suggests a more optimistic valuation of PVH Corp's stock, which could lead to increased investor interest and a potential short-term rise in the stock price. However, the 'Market Perform' rating indicates that the stock is expected to perform in line with the market, tempering expectations for any significant outperformance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100