UBS has initiated coverage on a several apparel retail names. Analyst Jay Sole initiated coverage of the following stocks: American Eagle Outfitters : a Buy rating, $33 price target.Gap Inc : Neutral, $33 price target.Michael Kors Holdings Ltd : Neutral, $70 price target.Ralph Lauren Corp : Sell, $110 price target.Tapestry Inc : Buy, $62 price target.VF Corp : Neutral, $89 price target.Source