UPDATE: Bank of America Lowers PT on PVH Corp. Following Announcement of G.H. Bass & Co. Assets Sale
October 03, 2013 at 12:06 PM EDT
In a report published Thursday, Bank of America analyst Robert F. Ohmes reiterated a Neutral rating on PVH Corp. (NYSE: PVH ), but lowered the price target from $134.00 to $130.00. In the report, Bank of America noted, “Yesterday, PVH announced that it has signed a definite agreement to sell