Ralph Lauren To Gain From Brand Elevation, Strength In China, Focus On Under-Penetrated Categories: Analyst
Portfolio Pulse from Nabaparna Bhattacharya
Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on Ralph Lauren Corporation (NYSE:RL) with an unchanged price target of $155. The analyst remains bullish on RL due to strong momentum in China, a disciplined approach to long-term growth, and a focus on under-penetrated categories. Despite ongoing macro challenges, the analyst believes that RL has the right strategies in place to deliver accelerated topline growth.

September 20, 2023 | 5:14 pm
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Ralph Lauren Corporation (NYSE:RL) is expected to benefit from strong momentum in China, a disciplined approach to long-term growth, and a focus on under-penetrated categories.
The analyst from Telsey Advisory Group reiterated an Outperform rating on Ralph Lauren Corporation, indicating a positive outlook for the company. The strong momentum in China, disciplined approach to long-term growth, and focus on under-penetrated categories are expected to drive the company's growth.
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