Ralph Lauren (RL) Declares $0.50 Quarterly Dividend; 2.1% Yield

Go back to Ralph Lauren (RL) Declares $0.50 Quarterly Dividend; 2.1% Yield

BofA/Merrill Lynch Downgrades Ralph Lauren (RL) to Underperform

December 13, 2017 6:09 AM EST

BofA/Merrill Lynch downgraded Ralph Lauren (NYSE: RL) from Neutral to Underperform with a price target of $80.00 (from $100.00).

Analyst Heather Balsky says the margin story is weakening and the demand for the brand is "still not bright." The analyst expects shares to come... More