Ralph Lauren price target raised to $295 from $250 at Citi

Citi analyst Paul Lejuez raised the firm’s price target on Ralph Lauren (RL) to $295 from $250 and keeps a Neutral rating on the shares. The company posted “another big beat,” as the brand is resonating across the globe, the analyst tells investors in a research note. The firm says that while Ralph Lauren’s guidance for fiscal 2026 assumes pressure in the U.S. in the second half of the year, management has not seen any signs of a slowdown in trend in any channel, including wholesale.