Ralph Lauren price target raised to $355 from $342 at JPMorgan

JPMorgan raised the firm’s price target on Ralph Lauren (RL) to $355 from $342 and keeps an Overweight rating on the shares following the company’s fiscal Q4 report and FY26 guidance. The firm models FY26 EPS of $13.53 relative to management’s “preliminary” FY26 outlook, which the firm’s “line item math” indicates points to about $13.40. Ralph Lauren’s actual FY25 results of 8% constant-currency growth and operating margin expansion of 180 basis points translated into EPS of $12.32, which was 15% above the initial implied EPS outlook of $10.75, the analyst noted.