Goldman Sachs Upgrades Ralph Lauren to Neutral, Announces $132 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brooke Roach upgraded Ralph Lauren (NYSE:RL) from Sell to Neutral and set a price target of $132.
December 12, 2023 | 10:32 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Goldman Sachs issued an upgrade for Ralph Lauren from Sell to Neutral with a new price target, potentially influencing its own reputation and perceived accuracy in the market.
While the direct impact on Goldman Sachs' stock may be limited, the accuracy of their analysts' predictions can affect the firm's reputation in the market. However, such upgrades are a regular part of investment bank activities and are less likely to significantly move Goldman Sachs' stock price in the short term.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 50
POSITIVE IMPACT
Ralph Lauren was upgraded by Goldman Sachs from Sell to Neutral with a price target of $132.
Upgrades by prominent analysts like Goldman Sachs can lead to increased investor confidence and potential stock price appreciation. The new price target of $132 suggests a positive outlook for Ralph Lauren's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100