Citi analyst Kate McShane raised her price target for PVH Corp. to $188 from $179 after hosting meetings with management. The analyst says PVH is now her top pick in Footwear and Apparel. There is a "degree of conservatism" in the back-half of the year guidance given management's more skeptical view of the strength of the U.S. consumer, McShane tells investors in a research note. Given the company's longer term opportunities for organic growth, along with license take-backs and possibly another brand acquisition, PVH is one of the best stories in retail, the analyst contends. She keeps a Buy rating on the shares.