Ralph Lauren price target raised to $200 from $195 at Barclays

Barclays analyst Paul Kearney raised the firm’s price target on Ralph Lauren to $200 from $195 and keeps an Overweight rating on the shares following the fiscal Q1 report. The company continues to deliver on results in a difficult environment with comparable sales growth across all regions, the analyst tells investors in a research note. The firm says the underlying business continues to demonstrate direct-to-consumer strength with margin expansion.