Raymond James Maintains Outperform on Ralph Lauren, Raises Price Target to $154
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Rick Patel has reaffirmed an Outperform rating on Ralph Lauren (NYSE:RL) and increased the price target from $135 to $154.
January 30, 2024 | 2:36 pm
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POSITIVE IMPACT
Raymond James analyst Rick Patel has maintained an Outperform rating on Ralph Lauren and raised the price target from $135 to $154, indicating a positive outlook on the stock.
The increase in price target by Raymond James suggests a strong confidence in Ralph Lauren's future performance. This endorsement from a reputable analyst is likely to instill investor confidence and could lead to a short-term increase in the stock price as the market reacts to the positive news.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100