JPMorgan Reaffirms PVH Stock as 'Underweight' With $84 Price Target
PVH Corp's stock has been reaffirmed as 'underweight' by JPMorgan Chase & Co. in their latest research note.
The target price set by JPMorgan is $84, indicating a potential downside of 5.20% from the stock's previous close of $88.61 on Tuesday.
This rating is not unique to PVH Corp, as several other analysts have also weighed in with their opinions. Evercore has set a price target of $79 on shares of PVH and given the stock an 'in-line' rating, while Needham & Company LLC lowered its price objective from $107 to $102 and set a 'buy' rating.
Seven equities research analysts have rated the stock with a 'Buy' rating, seven have given it a 'Hold' rating, and two have assigned a 'Sell' rating. PVH presently has an average rating of 'Hold' and a consensus target price of $86.62.