Brean Capital Raises Price Target on PVH Corp. (PVH) to $124 Following 2Q Report

UBS Raises Price Target on PVH Corp. (PVH) to $125; Reiterates Buy

UBS reiterated a Buy rating on PVH Corp (NYSE: PVH), and raised the price target to $125.00 (from $115.00), following the company's 2Q earnings report.

Analyst Michael Binetti commented, "We think the EPS upside opportunity from improving 2H GMs is underappreciated: 1) FX pressure abates in 2H... More

Pre-Open Stock Movers 08/25: (AEPI) (NYMX) (GES) (TLYS) Higher; (SIG) (DG) (DLTR) Lower (more...)

Today's Pre-Open Stock Movers

AEP Industries (NASDAQ: AEPI) 42% HIGHER; Berry Plastics Group, Inc. (NYSE: BERY) and AEP Industries (NASDAQ: AEPI) have entered into a definitive merger agreement under which Berry will acquire all of the outstanding shares of AEP in a cash and stock transaction. Aggregate consideration will be $765 million, including AEPs net debt. Each AEP shareholder will elect to receive either $110 in cash or 2.5011 shares of Berry common stock per AEP share in the transaction, subject to... More

Piper Jaffray Raises Price Target on PVH Corp. (PVH) to $124 Following 2Q and Guidance

Piper Jaffray reiterated an Overweight rating on PVH Corp (NYSE: PVH), and raised the price target to $124.00 (from $109.00), following the company's 2Q earnings report. Sales came in at $1,933M slightly ahead of $1,930M estimates and EPS at $1.47 vs. $1.29 estimate. Management released 3Q earnings guidance bracketing consensus but sales... More

After-Hours Stock Movers 08/24: (GES) (WDAY) (TLYS) Higher; (HPQ) Lower (more...)

Today's After-Hours Movers

Guess? (NYSE: GES) 15.1% HIGHER; reported Q2 EPS of $0.14, $0.07 better than the analyst estimate of $0.07. Revenue for the quarter came in at $545 million versus the consensus estimate of $550.53 million. GUIDANCE: Guess? sees FY2017 EPS of $0.62-$0.75, versus the consensus of $0.60.

Workday (NYSE: WDAY) 11.2% HIGHER; reported Q2 EPS of ($0.04), $0.02 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $377.7 million... More

PVH Corp. (PVH) Tops Q2 EPS by 18c, Raises FY EPS Guidance

PVH Corp. (NYSE: PVH) reported Q2 EPS of $1.47, $0.18 better than the analyst estimate of $1.29. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.94 billion.

GUIDANCE:

PVH Corp. sees Q3 2016 EPS of $2.35-$2.40, versus the consensus... More

PVH Corp. (PVH) September volatility increases into Q2 and outlook

PVH Corp. (NYSE: PVH) September call option implied volatility is at 39, October is at 34; compared to its 52-week range of 25 to 50 in the expected release of Q2 results on August 25.