Form 8-K RALPH LAUREN CORP For: Feb 08

Go back to Form 8-K RALPH LAUREN CORP For: Feb 08

CFRA Downgrades Ralph Lauren (RL) to Hold

February 8, 2024 10:26 AM EST

CFRA analyst Zachary Warring downgraded Ralph Lauren (NYSE: RL) from Buy to Hold with a price target of $150.00 (from $135.00).

The analyst comments "We raise our 12-month price target by $15 to $150, based on 15.8x our FY 25 (Mar.) EPS estimate and slightly higher than the company's... More