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Fly News Breaks for August 23, 2016
PVH
Aug 23, 2016 | 07:05 EDT
Brean Capital analyst Eric Tracy raised his price target on PVH Corp. to $122 from $115 ahead of the company's Q2 results. The analyst recommended buying shares ahead of its earnings release as he believes the company's operating model remains underappreciated. Tracy reiterated his Buy rating on PVH Corp. shares, also citing waning foreign exchange headwinds and ongoing revenue momentum.
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