Ralph Lauren profit gets boost from Chinese demand; shares rise 14%
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Ralph Lauren (RL) PT Lowered to $130 at Needham & Company
November 8, 2019 8:21 AM ESTNeedham & Company analyst Rick Patel lowered the price target on Ralph Lauren (NYSE: RL) to $130.00 (from $138.00) while maintaining a Buy rating.
Patel commented, "In our view, RL continues to make good progress strategically and tactically, as evident by better than expected F2Q... More
Ralph Lauren (RL) PT Raised to $135 at Cowen
November 8, 2019 7:28 AM ESTCowen analyst John Kernan raised the price target on Ralph Lauren (NYSE: RL) to $135.00 (from $107.00) while maintaining an Outperform rating.
The analyst commented, "Mean reversion in valuation across the lifestyle brands continues, while RL results show that managements initiatives have shown progress... More
