Ralph Lauren Reports Better-Than-Expected Fourth Quarter and Full Year Fiscal 2015 Results

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Piper Jaffray Lowered Price Target on Ralph Lauren (RL) Following 'Low-Quality' Q4 Earnings Report

May 13, 2015 12:02 PM EDT

Piper Jaffray reiterates their Neutral status on Ralph Lauren (NYSE: RL), and lowered the price target to $128.00 (from $133.00), following Q4 results. Piper Jaffray is lowering their estimates for Q1 and beyond. The sales estimate moves from flat to down (5.2%).


Piper Jaffray analyst, Erinn Murphy,... More