Brean Murray Carret & Co. Reiterates a 'Buy' on PVH Corp (PVH); Earning Gold

August 28, 2012 8:20 AM EDT
Get Alerts PVH Hot Sheet
Price: $78.50 +3.17%

Rating Summary:
    18 Buy, 14 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Brean Murray Carret & Co. reiterates a 'Buy' on PVH Corp (NYSE: PVH) price target of $115.00 (from $107.00).

Analyst, Eric Beder, said, "We believe, with Tommy Hilfiger remaining one of the strongest worldwide brands in retailing and Calvin Klein and the Heritage Brands slowly regaining strength, that PVH is one of the best positioned apparel players in our universe and fully deserving of a premium multiple befitting players who continue to beat Street expectations and register sterling growth prospects."

FY13 EPS estimate raised from $6.20 to $6.28 and FY14 from $7.15 to $7.17.

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 $88.49 yesterday.


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