Ralph Lauren Reports Third Quarter Fiscal 2023 Results Exceeding Expectations

Go back to Ralph Lauren Reports Third Quarter Fiscal 2023 Results Exceeding Expectations

Bank of America upgrades Ralph Lauren (RL) on strong revenue trends

February 13, 2023 9:27 AM EST

Bank of America upgraded Ralph Lauren (NYSE: RL) to a Buy rating (From Neutral) and raised their price target on the stock to $145.00 (From $130.00) as the retailers strong revenue trends boost confidence. Bank of America increased F23E/F24E EPS by 6%/10% to... More