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Fly News Breaks for January 30, 2018
PVH
Jan 30, 2018 | 06:07 EDT
Piper Jaffray analyst Erinn Murphy raised her price target for PVH Corp. to $173 citing an improving macro backdrop for consumer spending and favorable currency tailwinds into Q4 and beyond. The analyst increased her estimates for PVH and believes the CK brand is "poised for strong growth." Murphy views the company as a "beat and raise" story heading into 2018 and keeps an Overweight rating on the shares.