Reported 3 days ago
Deutsche Bank has resumed coverage of Ralph Lauren, giving its stock a 'buy' rating with a price target of $343, suggesting potential growth comparable to luxury European brands. Analysts believe Ralph Lauren is set to gain market share across various geographies and distribution channels, supported by its strong fundamentals and pricing strategy amid rising tariffs on imports from China. Despite recent fluctuations, the stock remains approximately 20% higher this year.
Source: YAHOO