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Fly News Breaks for September 17, 2019
PVH
Sep 17, 2019 | 06:07 EDT
Piper Jaffray analyst Erinn Murphy raised her price target for PVH Corp. to $101 from $82 after hosting investor meetings with management. PVH is focused on buybacks in the near-term but continues to evaluate acquisition opportunities, Murphy tells investors in a research note. The analyst says the company is one of the few names that haven't banked on a second half recovery to hit its estimates. She increased her target multiple and keeps an Overweight rating on the shares.
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