Evercore ISI raised the firm’s price target on Ralph Lauren (RL) to $375 from $340 and keeps an Outperform rating on the shares. Ralph Lauren is set to potentially raise its FY26 guidance and the company having executed well is positioning itself for a possible upward revision during the upcoming Q2 call thanks to a conservative initial outlook not materializing in the expected negative macro scenarios, the analyst tells investors in a preview.
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Read More on RL:
- Ralph Lauren price target raised to $385 from $365 at Jefferies
- Ralph Lauren price target raised to $421 from $404 at UBS
- Hold Rating Maintained Amid Strong Earnings Expectations and Market Challenges
- Ralph Lauren initiated with a Buy at BTIG
- Ralph Lauren price target lowered to $352 from $353 at Barclays