PVH Corp.(PVN): Upside Likely in 2Q Report on 8/24 - Piper Jaffray

Piper Jaffray analyst, Erinn Murphy, reiterated her Overweight rating on shares of PVH Corp (NYSE: PVH) ahead of Q2 earnings on August 24th. The company beat and raised last quarter, in a more challenging environment,making upside likely. During the quarter, management was bullish at the Piper Jaffray Consumer Conference in mid-June, indicating on-going strength in Europe and positive wholesale comps domestically. For Q2, the analyst is at the high end of the guidance range ($1.25-$1.30).

No change to the price target of $109. (NYSE: PVN)PVH Corp. (NYSE: PVH)

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 $106.50 yesterday.

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