Barclays Maintains Overweight on Ralph Lauren, Raises Price Target to $141
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih maintains an Overweight rating on Ralph Lauren (NYSE:RL) and raises the price target from $139 to $141.
August 11, 2023 | 11:26 am
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Ralph Lauren and raises the price target to $141, which could potentially lead to an increase in the stock's price.
The raised price target by Barclays indicates a positive outlook for Ralph Lauren's stock. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100