UPDATE: Miller Tabak Raises PT to $100 on PVH
Miller Tabak increases its price target on Buy-rated PVH (NYSE: PVH) from $80 to $100 following strong quarter results reported by the company.
Miller Tabak notes, "We think PVH is not only one of the best–managed global apparel companies with exceptional execution capabilities, but one with above-average growth prospects based on as yet untapped market share opportunities afforded by its two global designer brand franchises, Calvin Klein and Tommy Hilfiger."
PVH closed at $88.64 a share on Wednesday.
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