PVH removed, Ralph Lauren added to US Focus List at Citigroup

Citigroup removed PVH Corp. (PVH) from its US Focus List citing near-term pressures in Europe, valuation, and a lack of catalysts. The firm reiterates a Buy rating on the stock with a lowered price target of $142 following the company's Q2 results. Citi added Ralph Lauren (RL) to its US Focus List.