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Cowen positive on Movado

Published 10/08/2018, 10:34 AM
© Reuters.  Cowen positive on Movado
MOV
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  • Movado (MOV +3.3%) breaks higher after Cowen lifts the apparel stock to an Outperform rating from Market Perform on it expectation for growth in the wholesale channel.
  • The firm sets a price target of $50 on Movado
  • Shares of Movado are up 26% YTD, despite some tariff headwinds.
  • Now read: Pyxus International rallies to new high


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