On Nov 08, major Wall Street analysts update their ratings for $Ralph Lauren (RL.US)$, with price targets ranging from $178 to $258.
BofA Securities analyst Christopher Nardone maintains with a buy rating, and adjusts the target price from $215 to $255.
Barclays analyst Paul Kearney maintains with a buy rating, and adjusts the target price from $200 to $257.
TD Cowen analyst John Kernan maintains with a buy rating, and adjusts the target price from $251 to $258.
CFRA analyst Zachary Warring downgrades to a sell rating, and adjusts the target price from $150 to $178.
Furthermore, according to the comprehensive report, the opinions of $Ralph Lauren (RL.US)$'s main analysts recently are as follows:
Following Ralph Lauren's robust fiscal Q2 report, expectations are set for the shares to exceed market performance in the near term, spurred by positive earnings surprises. These surprises are likely to lead to higher sell-side forecasts and an increase in valuation multiples. Additionally, the market is anticipated to gain a deeper appreciation for the transformative adjustments the company has implemented in its brand image, distribution approach, and cost framework.
The firm notes that Ralph Lauren's accelerating global comparable sales growth is propelling margin expansion.
Here are the latest investment ratings and price targets for $Ralph Lauren (RL.US)$ from 4 analysts:
Note:
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