TD Cowen Maintains Buy on Ralph Lauren, Lowers Price Target to $193
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan maintains a Buy rating on Ralph Lauren (NYSE:RL) but lowers the price target from $196 to $193.
August 08, 2024 | 6:01 pm
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TD Cowen analyst John Kernan maintains a Buy rating on Ralph Lauren but lowers the price target from $196 to $193.
The maintained Buy rating suggests continued confidence in Ralph Lauren's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100