Morgan Stanley Maintains Equal-Weight on PVH, Lowers Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Kimberly Greenberger has maintained an Equal-Weight rating on PVH Corp (NYSE:PVH) but lowered the price target from $134 to $110.
April 03, 2024 | 12:01 pm
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NEGATIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on PVH Corp but has reduced the price target from $134 to $110.
The reduction in price target by Morgan Stanley, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in PVH Corp's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100