Ralph Lauren price target raised to $200 from $176 at Barclays

Barclays raised the firm’s price target on Ralph Lauren to $200 from $176 and keeps an Overweight rating on the shares post the fiscal Q3 report. The firm says as all three regions posted accelerating comparable sales in retail channels, the company’s inventory levels remain clean, and there is high visibility into future gross margin upside from cost and mix benefits.