Goldman Sachs Maintains a 'Buy' on PVH Corp (PVH);
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Price: $126.26 +0.85%
Rating Summary:
11 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 30
Rating Summary:
11 Buy, 3 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 30
Trade PVH Now!
Goldman Sachs maintains a 'Buy' on PVH Corp (NYSE: PVH) price target of $108.00 (from $102.00).
Analyst, Adrianne Shapira, said, "PVH reported 2Q12 operating EPS of $1.25 vs. GS/cons of $1.24/$1.20 and mgmt guidance of $1.18-$1.20. Management flowed through the beat and then some, raising FY12 guidance to $6.25-$6.32 from prior $6.15-$6.25. While 2Q was only a penny ahead of our estimate, we believe the 2H12 plan is predicated on assumptions that are likely overly conservative, especially in light of recent trends. As such, we raise our FY12/FY13 EPS estimates to $6.40/$7.58 from $6.35/$7.55 while FY14 is unchanged at $8.55."
For an analyst ratings summary and ratings history on PVH Corp click here. For more ratings news on PVH Corp click here.
Shares of PVH Corp closed at $92.77 yesterday, with a 52 week range of $53.51-$94.74.
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Analyst, Adrianne Shapira, said, "PVH reported 2Q12 operating EPS of $1.25 vs. GS/cons of $1.24/$1.20 and mgmt guidance of $1.18-$1.20. Management flowed through the beat and then some, raising FY12 guidance to $6.25-$6.32 from prior $6.15-$6.25. While 2Q was only a penny ahead of our estimate, we believe the 2H12 plan is predicated on assumptions that are likely overly conservative, especially in light of recent trends. As such, we raise our FY12/FY13 EPS estimates to $6.40/$7.58 from $6.35/$7.55 while FY14 is unchanged at $8.55."
For an analyst ratings summary and ratings history on PVH Corp click here. For more ratings news on PVH Corp click here.
Shares of PVH Corp closed at $92.77 yesterday, with a 52 week range of $53.51-$94.74.
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