Goldman Sachs Maintains Neutral on Ralph Lauren, Raises Price Target to $193
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brooke Roach maintains a Neutral rating on Ralph Lauren (NYSE:RL) but raises the price target from $171 to $193.
October 21, 2024 | 4:37 pm
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Goldman Sachs has maintained its Neutral rating on Ralph Lauren but increased the price target from $171 to $193, indicating a positive outlook on the stock's potential.
The increase in price target from $171 to $193 by Goldman Sachs suggests a positive outlook for Ralph Lauren's stock, despite the Neutral rating. This could lead to a short-term positive impact on the stock price as investors may view the raised target as a sign of potential growth.
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