OTR Global downgraded its view of Ralph Lauren to Mixed from Positive following checks that showed weak traffic hurt sales at Ralph Lauren’s U.S. outlets and that U.S. and Western European sales were tempered by less discretionary spending and warm weather.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RL:
- Ralph Lauren price target lowered to $142 from $160 at JPMorgan
- Raymond James starts Ralph Lauren at Outperform, sees attractive entry point
- Wayfair upgraded, Deere downgraded: Wall Street’s top analyst calls
- Ralph Lauren initiated with an Outperform at Raymond James
- Micron upgraded, PayPal downgraded: Wall Street’s top analyst calls