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Wells Fargo Remains a Hold on PVH (PVH)

Tipranks - Thu Jan 15, 5:04AM CST

In a report released yesterday, Ike Boruchow from Wells Fargo maintained a Hold rating on PVH, with a price target of $120.00. The company’s shares closed yesterday at $65.51.

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According to TipRanks, Boruchow is a 4-star analyst with an average return of 5.1% and a 50.10% success rate. Boruchow covers the Consumer Cyclical sector, focusing on stocks such as Ross Stores, Tapestry, and Bath & Body Works.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PVH with a $98.73 average price target, a 50.71% upside from current levels. In a report released yesterday, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $71.00 price target.

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

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