Barclays Maintains Overweight on PVH, Lowers Price Target to $149
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Paul Kearney has maintained an Overweight rating on PVH Corp (NYSE:PVH) but has lowered the price target from $157 to $149.

April 04, 2024 | 2:24 pm
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Barclays maintains an Overweight rating on PVH Corp but lowers the price target from $157 to $149.
While the reduction in the price target from $157 to $149 by Barclays could suggest a slightly less optimistic outlook on PVH Corp's future stock performance, the maintenance of an Overweight rating indicates continued confidence in the company's fundamentals. This mixed signal might lead to a neutral short-term impact on PVH's stock price as investors weigh the lowered price target against the sustained positive rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90