Credit Suisse Maintains Outperform Rating for PVH: Here's What You Need To Know

Credit Suisse has decided to maintain its Outperform rating of PVH PVH and raise its price target from $87.00 to $93.00.

Shares of PVH are trading up 19.87% over the last 24 hours, at $88.25 per share.

A move to $93.00 would account for a 5.38% increase from the current share price.

About PVH

PVH designs and markets branded apparel in more than 40 countries. Its key fashion categories include men's dress shirts, ties, sportswear, underwear, and jeans. Its leading designer brands, Calvin Klein and Tommy Hilfiger, generate nearly all its revenue after it disposed of most of its smaller brands in 2021. PVH licenses its brands to third parties, distributes through department stores and other wholesale accounts, and sells through its own stores and e-commerce. The firm traces its history to 1881 and is based in New York City.

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.