Fly News Breaks for February 3, 2020
PVH
Feb 3, 2020 | 16:41 EDT
BMO Capital analyst Simeon Siegel initiated coverage of PVH Corp. (PVH) with a Market Perform rating and $94 price target. While the analyst believes PVH Corp. deserves a lot of credit for growing Calvin Klein and Tommy Hilfiger into two of the largest brands in history, he believes Calvin Klein has "reached a revenue peak and could benefit from a greater focus on profits vs. sales." Siegel added that he could be more constructive on the stock if he sees evidence of the ability for the company to expand margins.
News For PVH From the Last 2 Days