PVH Shares Drop 3% on Q2 Revenue Miss & Weak Outlook, Announces Leadership Update
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PVH Corp (PVH) PT Lowered to $105 at Guggenheim
August 31, 2022 7:56 AM EDTGuggenheim analyst Robert Drbul lowered the price target on PVH Corp (NYSE: PVH) to $105.00 (from $130.00) while maintaining a Buy rating following earnings.
The analyst commented, "Today after the close, PVH reported EPS of $2.08, $0.08 above our estimate. The company reported net sales of $2.03 billion, a decline of 8.6%, below our estimate of $2.15 billion. Tommy Hilfiger revenue... More
