TD Cowen raised the firm’s price target on Ralph Lauren (RL) to $147 from $142 and keeps an Outperform rating on the shares. The firm said their checks and inbound data are positive on Ralph Lauren and said the next catalyst for this stock will be when competitor PVH Corp (PVH) reports and likely raises full year guidance.
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Read More on RL:
- Ralph Lauren price target raised to $131 from $128 at Deutsche Bank
- Ralph Lauren price target raised to $120 from $115 at Wells Fargo
- Ralph Lauren (NYSE:RL) Posts Better-than-Expected Q3 Earnings
- Ralph Lauren backs FY24 revenue view up low-single digits, consensus $6.59B
- Ralph Lauren sees Q3 revenue up 1%-2%, consensus $1.9B
