Deutsche Bank Maintains Hold on Ralph Lauren, Raises Price Target to $122
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Gabriella Carbone maintains a Hold rating on Ralph Lauren (NYSE:RL) and raises the price target from $119 to $122.
May 26, 2023 | 9:17 am
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Deutsche Bank maintains a Hold rating on Ralph Lauren and raises the price target from $119 to $122.
The news of Deutsche Bank maintaining a Hold rating on Ralph Lauren and raising the price target from $119 to $122 indicates that the bank sees potential for the stock price to increase, but not enough to change the rating to a Buy. This may have a neutral impact on the stock price in the short term, as investors may be waiting for more positive news or a rating upgrade before making significant moves.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100