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Ralph Lauren price target raised to $450 from $435 at BTIG

BTIG raised the firm’s price target on Ralph Lauren (RL) to $450 from $435 and keeps a Buy rating on the shares ahead of its Q4 for results. Broad-based strength across regions, channels, and categories is expected, underpinned by robust full-price sell-through, the analyst tells investors in a research note.

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