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Fly News Breaks for May 31, 2018
PVH
May 31, 2018 | 06:44 EDT
JPMorgan analyst Matthew Boss raised his price target for PVH Corp. to $180 from $175 saying the company reported a "high quality" beat and raise for Q1. Management raised its fiscal 2018 constant currency earnings per share guidance by 28c at the mid-point, Boss tells investors in a research note. He believes PVH maintained its momentum and set a low bar for the second half of 2018. He keeps an Overweight rating on the shares.