Ralph Lauren (RL) Misses Q1 EPS by 10c

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Ralph Lauren (RL) PT Lowered to $61 at Cowen

August 5, 2020 7:16 AM EDT

Cowen analyst John Kernan lowered the price target on Ralph Lauren (NYSE: RL) to $61.00 (from $78.00) while maintaining a Market Perform rating.

The analyst commented, "Vendor exposure to department stores and outlet channels continues to give us a downward bias to estimates... More

Ralph Lauren (RL) PT Lowered to $85 at Needham & Company

August 5, 2020 6:51 AM EDT

Needham & Company analyst Rick Patel lowered the price target on Ralph Lauren (NYSE: RL) to $85.00 (from $90.00) while maintaining a Buy rating.

The analyst commented, "We attribute the decline in RL shares to lower than expected revenue in F1Q21 (CY2Q20) and... More