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Ralph Lauren shows double digit growth and raises guidance, announcing an additional buyback. After years of restructuring, we see a clear upside. Positive rumors on M&A will boost stock price performance, we rate with a buy and target $160 per share. For further details...
Ralph Lauren (NYSE: RL) stock fell harder than the market on Monday, dropping 12% by 3:30 p.m. ET compared to a 2.7% slump in the S&P 500 . That move put the stock below the broader market's 11% loss so far in 2022. Investors sold off shares in response to increasing pes...
With ongoing concerns about interest rates and fighting in Ukraine, stocks dropped on Friday, led by a 1.7% slide in the Nasdaq. Within this overall decline, apparel makers were particularly hard hit, amid concerns about inflation and a drop-off in demand caused by the conflict in Europe. ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Luxury stocks are gaining traction as their brands seek ways to enter the metaverse, which combines mixed reality (MR) with social gaming, e-commerce, and the blockchain. Many luxury names are increasingly investing in the...
The United States economy is growing strongly, outperforming other developed economies. Furthermore, analysts believe the country is well-positioned to weather economic challenges created by the Russia-Ukraine war. So, we think that growth stocks Vertex Pharmaceuticals (VRTX), Fair Isaac (FIC...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The pandemic has been hard on virtually every sector, including luxury apparel companies. Naturally, consumer confidence has spent time at an incredibly low ebb with sky-high unemployment rates. However, luxury apparel comp...
Ralph Lauren (NYSE:RL) rose 4.1% on a report that the fashion brand has had on and off talks with LVMH (OTCPK:LVMHF) about a potential acquisition. Luxury giant LVMH has had "exploratory" talks with Ralph Lauren (RL) over the past couple of years about a potential acquisition, accor...
Retail sales increased since the pandemic by a seasonally adjusted 3.8% in January, and we have 5 retail stocks that you should consider for your portfolio. Strong demand and inflating prices have not stopped shoppers from making purchases. These Consumer Discretionary stocks prov...
MEMPHIS, Tenn., Feb. 18, 2022 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), today announced the appointment of Michael George and Brian Hannasch to the AutoZone Board of Directors. “The additions of Mike and Brian to our Board of Directors will further enhance the...
Maritime Launch Services, a Canadian startup with plans for commercial rocket launches, is said in discussions to go public through a deal with Ceres Acquisition Corp (OTCQX:CERAF). Ceres is in talks to raise funding through a PIPE deal that would give the combined company a value of about $5...
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Ralph Lauren Corporation (NYSE: RL) (together with its affiliates, “ Ralph Lauren ”) notes recent media reports in Indonesia relating to disputes between PT Manggala Putra Perkasa (operating using the confusing “Polo Ralph Lauren Indonesia” name in Indonesia) and o...
2024-07-02 15:15:06 ET UBS analyst issues UNDERPERFORM recommendation for RL on July 2, 2024 01:01PM ET. The previous analyst recommendation was Underperform. RL was trading at $169.555 at issue of the analyst recommendation. The overall analyst consensus : BUY. Curr...
2024-07-02 15:15:05 ET Wells Fargo analyst issues BUY recommendation for RL on July 2, 2024 01:01PM ET. The previous analyst recommendation was Buy. RL was trading at $169.555 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analys...