Barclays Maintains an 'Equalweight' on Polo Ralph Lauren (RL); Raising PT & Estimates

Barclays maintains an 'Equalweight' on Polo Ralph Lauren (NYSE: RL) price target raised from $135 to $140.

Barclays analyst says, "Given the upside to our estimates in the quarter and expectations for continued top-line momentum, offset by additional operating margin pressure in 2H12, we are increasing our FY12 estimates to $6.85 from $6.70. With the expectation of benefits from easing input cost pressures, we are also increasing our FY13 EPS estimates to $8.00 from $7.50."

For an analyst ratings summary and ratings history on Polo Ralph Lauren click here. For more ratings news on Polo Ralph Lauren click here.

Shares of Polo Ralph Lauren closed at $149.94 yesterday.

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