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Ralph Lauren (RL) Receives a Buy from Telsey Advisory

Tipranks - Tipranks - Wed Feb 11, 7:46AM CST

In a report released today, Dana Telsey from Telsey Advisory maintained a Buy rating on Ralph Lauren, with a price target of $435.00.

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According to TipRanks, Telsey is a 3-star analyst with an average return of 1.6% and a 41.78% success rate. Telsey covers the Consumer Cyclical sector, focusing on stocks such as Urban Outfitters, Gap Inc, and Ralph Lauren.

In addition to Telsey Advisory, Ralph Lauren also received a Buy from Bank of America Securities’s Lorraine Hutchinson in a report issued on February 8. However, on February 6, Citi maintained a Hold rating on Ralph Lauren (NYSE: RL).

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Based on Ralph Lauren’s latest earnings release for the quarter ending December 27, the company reported a quarterly revenue of $2.41 billion and a net profit of $361.6 million. In comparison, last year the company earned a revenue of $2.14 billion and had a net profit of $297.4 million

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