Wells Fargo Maintains Equal-Weight on Ralph Lauren, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow has maintained an Equal-Weight rating on Ralph Lauren (NYSE:RL) and increased the price target from $160 to $185. This adjustment reflects a positive outlook on the company's future performance.
March 04, 2024 | 3:09 pm
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Wells Fargo maintains an Equal-Weight rating on Ralph Lauren and raises the price target to $185, indicating a positive outlook.
The increase in Ralph Lauren's price target by Wells Fargo suggests a positive reassessment of the company's future earnings potential and market position. This is likely to be viewed favorably by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100