Telsey Advisory Sticks to Its Buy Rating for PVH (PVH)
In a report released today, Jason Strominger from Telsey Advisory maintained a Buy rating on PVH, with a price target of $95.00.
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According to TipRanks, Strominger is an analyst with an average return of -8.6% and a 26.92% success rate. Strominger covers the Consumer Cyclical sector, focusing on stocks such as Abercrombie Fitch, Ulta Beauty, and Bath & Body Works.
In addition to Telsey Advisory, PVH also received a Buy from Needham’s Tom Nikic in a report issued today. However, on the same day, J.P. Morgan reiterated a Hold rating on PVH (NYSE: PVH).
Based on PVH’s latest earnings release for the quarter ending August 3, the company reported a quarterly revenue of $2.17 billion and a net profit of $224.2 million. In comparison, last year the company earned a revenue of $2.07 billion and had a net profit of $158 million
Read More on PVH:
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- PVH Corp: Strong Operational Control and Strategic Positioning Justify Buy Rating Despite Macroeconomic Challenges
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- Buy Rating for PVH: Undervalued Stock with Potential Upside Amidst Challenges
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- PVH Corp. sees Q4 EPS $3.20-$3.35, consensus $3.61
