Ralph Lauren price target raised to $114 from $97 at Deutsche Bank

Deutsche Bank analyst Gabriella Carbone raised the firm’s price target on Ralph Lauren to $114 from $97 and keeps a Hold rating on the shares ahead of its Q3 results. While investor sentiment leans negative, Deutsche Bank expects in line prints for the company. Further, the firm expects inventory to be the key focus for the company, along with demand in North America and recent trends in China.