Ralph Lauren price target raised to $250 from $244 at UBS

UBS raised the firm’s price target on Ralph Lauren to $250 from $244 and keeps a Buy rating on the shares. UBS remains bullish on Ralph Lauren’s near-term prospects, but doesn’t think its Q4 report will be a big catalyst, the analyst tells investors in a research note. The firm thinks Ralph Lauren will deliver an implied FY25 EPS guide of $10.60-$11.00, in-line with the market’s expectation, and says the firm’s Evidence Lab and industry data reveals mostly positive trends.