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UBS Reaffirms Their Buy Rating on PVH (PVH)

Tipranks - Tipranks - Sat Mar 7, 5:42AM CST

UBS analyst Jay Sole reiterated a Buy rating on PVH yesterday and set a price target of $120.00. The company’s shares closed yesterday at $65.65.

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According to TipRanks, Sole is a 4-star analyst with an average return of 5.6% and a 50.71% success rate. Sole covers the Consumer Cyclical sector, focusing on stocks such as Nike, Boot Barn, and TJX Companies.

In addition to UBS, PVH also received a Buy from TipRanks – PerPlexity’s PerPlexity Apparel – Manufacturers in a report issued on February 20. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on PVH (NYSE: PVH).

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Based on PVH’s latest earnings release for the quarter ending November 2, the company reported a quarterly revenue of $2.29 billion and a net profit of $4.2 million. In comparison, last year the company earned a revenue of $2.26 billion and had a net profit of $131.9 million

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