Wells Fargo raised the firm’s price target on Ralph Lauren (RL) to $205 from $195 and keeps an Equal Weight rating on the shares. The firm is expecting a positive reaction to strong Q2 print. Ralph Lauren likely continues to buck the trend, with what should be another strong beat across the board when they report Q2, Wells says. Brand heat, sell-through and overseas continue to impress, the firm adds.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on RL:
- Ralph Lauren price target raised to $208 from $193 at TD Cowen
- Ralph Lauren price target raised to $195 from $175 at Wells Fargo
- Ralph Lauren price target raised to $207 from $195 at Telsey Advisory
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
