TD Cowen Maintains Outperform on Ralph Lauren, Raises Price Target to $147
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan has maintained an Outperform rating on Ralph Lauren (NYSE:RL) and increased the price target from $142 to $147.
November 28, 2023 | 2:00 pm
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Ralph Lauren's Outperform rating is maintained by TD Cowen, with a raised price target from $142 to $147, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a positive outlook on Ralph Lauren's financial performance and potential stock appreciation. This typically instills investor confidence and can lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100