Ralph Lauren price target lowered to $180 from $185 at Wells Fargo

Wells Fargo lowered the firm’s price target on Ralph Lauren to $180 from $185 and keeps an Equal Weight rating on the shares. The Q4 print was not up to par with what the firm has grown accustomed to the past 24 months, even though there were no real holes, and the much-respected CFO is departing, the analyst tells investors in a research note.