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Fly News Breaks for March 12, 2018
PVH
Mar 12, 2018 | 17:00 EDT
Credit Suisse analyst Michael Binetti initiated PVH Corp with an Outperform rating and a price target $175. Binetti believes that the company's 13%-15% long term EPS growth is "easier to achieve", with upward profit pressure coming from the international business as well as more favorable FX rates. The analyst adds that PVH is expected to continue its trend of small and accretive license additions.
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