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Online retail and apparel stocks slumped again on Wednesday amid renewed concerns over supply chain disruption in China and the impact of higher interest rates on growth names in general. A dramatic spike higher in COVID cases in Shanghai has led to a return of the lockdown days for the metro...
Wells Fargo turned more cautious on specialty softlines stocks are taking in the new macroeconomic backdrop. The firm said it expects negative revisions to keep the sector under pressure for the time being. Analyst Ike Boruchow and team cut numbers across the space and dropped price targets b...
Ralph Lauren (NYSE: RL) shareholders beat the S&P 500 this week as shares rose 11% through Thursday trading compared to a 5% surge in the broader market, according to data provided by S&P Global Market Intelligence . The apparel specialist is now in positive territor...
JPMorgan upgraded Ralph Lauren Corporation (NYSE:RL) to an Overweight rating from Neutral after pointing to attractive valuation with shares trading at 6X the firm's 2023 EBITDA or ~25% below the company's prepandemic multiple. Analyst Matthew Boss said the macro-driven pullback provides an o...
Positive developments out of China sent the broad apparel and footwear sector higher on Wednesday, PVH Corporation (PVH +8.6%), Ralph Lauren (RL +7.7%), Capri Holdings (CPRI +7.2%), Canada Goose (GOOS +6.6%), Kontoor Brands (KTB +4.9%), Vince (VNCE) and Levi Strauss (LEVI +6.0%) were some of ...
--News Direct-- NEW YORK, March 15, 2022 /3BL Media/ - Ralph Lauren (NYSE:RL) today expanded its partnership with Morehouse College and Spelman College, unveiling a limited-edition collection inspired by the schools’ rich heritage and esteemed traditions. The Polo Ralph Lauren Ex...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Factset reported on March 4 that in the first two months of 2022, analysts decreased earnings estimates for S&P 500 companies for Q1. That doesn’t bode well for S&P 500 stocks. According ...
Amid worries regarding the Fed’s tighter monetary policy and other geopolitical issues, the stock market has been experiencing a major downturn of late. However, the recent selloff in growth stocks provides a great opportunity to scoop the shares of strong companies at low prices. Thus...
The metaverse theme has been largely a technology investing theme thus far. But the next chapter for market participants is likely to be more about key first movers in other sectors building a footprint in the virtual universe to add a new channel of access and further monetize their IP and o...
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...
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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...