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Fly News Breaks for April 9, 2019
Apr 9, 2019 | 07:34 EDT
Morgan Stanley analyst Kimberly Greenberger initiated PVH Corp. with an Overweight rating and $164 price target, stating that she sees the China worries and the Calvin Klein execution issues that have pressured the stock recently being transitory. She expects PVH stock can retrace to higher levels as these issues resolve and investor focus likely shifts to accelerating sales and EPS growth in the second half of 2019 and 2020, Greenberger tells investors.
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