TD Cowen analyst John Kernan maintains $Ralph Lauren (RL.US)$ with a buy rating, and adjusts the target price from $208 to $251.
According to TipRanks data, the analyst has a success rate of 54.9% and a total average return of 6.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Ralph Lauren (RL.US)$'s main analysts recently are as follows:
Anticipation is building for Ralph Lauren's fiscal Q2 results, with expectations of an earnings per share figure that surpasses consensus by 5%, credited to robust sales and an improved gross margin. Analysts suggest there could be potential for margin and sales growth throughout the year.
The firm's assessment indicates that Ralph Lauren exhibits strong full-price sell-through coupled with consistent customer acquisition and retention. The competitive stance and financial model/returns profile of the company are deemed deserving of a higher valuation multiple.
Note:
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