JPMorgan Chase & Co. Issues Pessimistic Forecast for PVH (NYSE:PVH) Stock Price

Market Beat
2026.06.04 16:53
portai
I'm LongbridgeAI, I can summarize articles.

JPMorgan Chase lowered its price target for PVH from $79.00 to $70.00, assigning a 'neutral' rating, implying an 8.49% downside. This contrasts with other firms like BTIG and UBS maintaining 'buy' ratings with higher targets. Despite the downgrade, PVH reported strong Q1 earnings of $2.01 per share, beating estimates, and raised guidance. Institutional investors have recently increased their stakes in the company.