Ralph Lauren's turnaround takes hold as profit, revenue beats Street

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Go back to Ralph Lauren's turnaround takes hold as profit, revenue beats Street

Ralph Lauren (RL) PT Raised to $85 at Wells Fargo; Reiterates Market Perform

November 2, 2017 2:27 PM EDT

Wells Fargo raised its price target on Ralph Lauren (NYSE: RL) to $85.00 (from $79.00) while maintaining a Market Perform rating. RL reported 2Q EPS of $1.99 vs. $1.94 and above the Streets $1.89, driven by better margins. RL reported -9% revenue at the high end of... More

Ralph Lauren (RL) PT Raised to $100 at Cowen; Reiterates Market Perform

November 2, 2017 2:19 PM EDT

Cowen raised its price target on Ralph Lauren (NYSE: RL) to $100.00 (from $97.00) while maintaining a Market Perform rating. RL management is guiding Q3:18 reported revenues down ~-4% to -6%, reflecting the midpoint of its +160bps to +170bps of FX benefit, which is better than... More