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JPMorgan ups PVH Corp. target, adds to Analyst Focus List

JPMorgan analyst Matthew Boss raised the firm’s price target on PVH Corp. to $157 from $146 and keeps an Overweight rating on the shares. The analyst also added the shares to the firm’s Analyst Focus List after meeting with management. The company sees consumer engagement across both the Calvin and Tommy brands reaching all-time highs with strong media engagement, the analyst tells investors in a research note. The firm sees a multi-year opportunity in Europe for PVH.

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