Wells Fargo Maintains Equal-Weight on Ralph Lauren, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow has maintained an Equal-Weight rating on Ralph Lauren (NYSE:RL) and raised the price target from $105 to $115.
August 11, 2023 | 2:25 pm
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Ralph Lauren's price target has been raised from $105 to $115 by Wells Fargo, while maintaining an Equal-Weight rating.
The increase in price target by Wells Fargo indicates a positive outlook for Ralph Lauren. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100