PVH Corp. (PVH) Tops Q2 EPS by 8c, Offers Q3 & FY15 Guidance
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Piper Jaffray Raises Price Target on PVH Corp. (PVH) Following 2Q15 EPS Beat
August 27, 2015 7:43 AM EDTPiper Jaffray reiterated an Overweight rating on PVH Corp (NYSE: PVH), and raised the price target to $132.00 (from $130.00), following the company's 2Q15 earnings results. EPS of $1.37 beat consensus' $1.29 estimate. Revenue of $1.77B beat consensus' $1.82B estimate. The company raised FY16 guidance from $6.85-$6.95 to $6.90-$7.00.
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