Wells Fargo raised the firm’s price target on Ralph Lauren (RL) to $400 from $385 and keeps an Overweight rating on the shares. Wells notes that while it continues to see a winners/losers setup, bigger picture, the firm leans more positive on the space entering 2026 due to better-than-feared early holiday reads, benefits from tax reform, and optionality on tariff repeal/refund.
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Read More on RL:
- Ralph Lauren price target raised to $425 from $385 at Jefferies
- Ralph Lauren initiated with a Neutral at Guggenheim
- 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