Evercore ISI initiated coverage of Ralph Lauren with an Outperform rating and $130 price target. The analyst says the company offers an “attractive mix of offense and defense.” Ralph Lauren’s quality of sales work and investments in new growth opportunities will continue to support reasonable revenue growth, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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:
- Is RL a Buy, Before Earnings?
- Ralph Lauren downgraded to Mixed from Positive view at OTR Global
- 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