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Fly News Breaks for May 25, 2017
PVH
May 25, 2017 | 05:45 EDT
JPMorgan analyst Matthew Boss upgraded PVH Corp. to Overweight and raised his price target for the shares to $125 from $116 following the company's Q1 results. The beat and raise story in retail is a rarity, Boss tells investors in a research note. He sees increased visibility to a "sustainable double-digit bottom-line profile" over the longer term.
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