Form 8-K RALPH LAUREN CORP For: Aug 04

Go back to Form 8-K RALPH LAUREN CORP For: Aug 04

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