Wedbush Upgrades PVH to Outperform, Raises Price Target to $128
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Tom Nikic upgraded PVH Corp (NYSE:PVH) from Neutral to Outperform and increased the price target from $113 to $128, indicating a positive outlook on the company's future performance.
April 15, 2024 | 11:35 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wedbush analyst Tom Nikic upgraded PVH Corp from Neutral to Outperform and raised the price target from $113 to $128, suggesting a strong bullish sentiment on the stock.
The upgrade from Neutral to Outperform by a prominent analyst, along with a significant increase in the price target, indicates a strong positive sentiment towards PVH Corp's future earnings potential and stock performance. This is likely to influence investor perception positively in the short term, potentially leading to an increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100