Brean Murray Carret & Co. Raising Numbers on PVH Corp (PVH); Calvin and Tommy Still Popular
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Price: $76.09 -3.67%
Rating Summary:
18 Buy, 14 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
18 Buy, 14 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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Brean Murray Carret & Co. maintains a 'Buy' on PVH Corp (NYSE: PVH) price target raised from $105 to $107.
Analyst, Eric Beder, said, "We are raising our FY13/14 EPS estimates to $6.10 (from $6.03) and $7.10 (from $7.00), respectively and increasing our price target, as we maintain our 15x multiple for the company, after PVH announced solid Q4 results and raised what we still view as conservative guidance for FY13...We believe 15x multiple for PVH is more than fair for this highly desirable business model, and could prove conservative; we remain aggressive buyers of PVH."
For an analyst ratings summary and ratings history on Phillips-Van Heusen click here. For more ratings news on Phillips-Van Heusen click here.
Shares of Phillips-Van Heusen closed at $89.81 yesterday.
Analyst, Eric Beder, said, "We are raising our FY13/14 EPS estimates to $6.10 (from $6.03) and $7.10 (from $7.00), respectively and increasing our price target, as we maintain our 15x multiple for the company, after PVH announced solid Q4 results and raised what we still view as conservative guidance for FY13...We believe 15x multiple for PVH is more than fair for this highly desirable business model, and could prove conservative; we remain aggressive buyers of PVH."
For an analyst ratings summary and ratings history on Phillips-Van Heusen click here. For more ratings news on Phillips-Van Heusen click here.
Shares of Phillips-Van Heusen closed at $89.81 yesterday.
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