TD Cowen lowered the firm’s price target on Ralph Lauren (RL) to $340 from $380 and keeps a Buy rating on the shares. The firm said it remains one of the best managed businesses in global Sofltines Retail in terms of merchandising, design, marketing, DTC led strategy and ROIC. They raised estimates for FY26-FY28 above consensus ahead of Q2 and September Investor Day.
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