Guggenheim initiated coverage of Ralph Lauren (RL) with a Neutral rating and no price target The retail sector still seems to be perceived as “structurally sick,” but the firm says “holiday brought the cheer,” tariffs have been manageable so far and “most importantly and likely going unnoticed” is the fact that the majority of the firm’s coverage actually operates at, or close to, their gross margin peaks.
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Read More on RL:
- Ralph Lauren price target raised to $385 from $345 at Wells Fargo
- Ralph Lauren price target raised to $365 from $350 at Telsey Advisory
- Ralph Lauren price target raised to $385 from $375 at Evercore ISI
- Ralph Lauren price target raised to $435 from $421 at UBS
- Ralph Lauren price target raised to $358 from $352 at Barclays
