TD Cowen Maintains Outperform on Ralph Lauren, Lowers Price Target to $141
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan maintains an Outperform rating on Ralph Lauren (NYSE:RL) but lowers the price target from $151 to $141.

May 26, 2023 | 11:39 am
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TD Cowen maintains Outperform rating on Ralph Lauren, but lowers price target from $151 to $141.
TD Cowen's lowered price target for Ralph Lauren may cause some short-term uncertainty among investors, but the maintained Outperform rating suggests that the stock is still expected to perform well in the long run. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100