Wells Fargo Maintains Overweight Rating for PVH: Here's What You Need To Know

Wells Fargo has decided to maintain its Overweight rating of PVH PVH and raise its price target from $110.00 to $140.00.

Shares of PVH are trading up 1.01% over the last 24 hours, at $109.35 per share.

A move to $140.00 would account for a 28.03% 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 operates e-commerce sites and about 1,500 stores, licenses its brands to third parties, and distributes its merchandise through department stores and other wholesale accounts. The firm traces its history to 1881 and is based in New York City.

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