BMO Capital Maintains Market Perform on PVH, Lowers Price Target to $106
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained a Market Perform rating on PVH Corp but has lowered its price target from $119 to $106.
August 28, 2024 | 2:10 pm
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BMO Capital has maintained its Market Perform rating on PVH Corp, but the price target has been reduced from $119 to $106, indicating a more cautious outlook.
The reduction in the price target from $119 to $106 suggests a less optimistic view on PVH's future performance, which could lead to a negative short-term impact on the stock price. The Market Perform rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100