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Barclays Reaffirms Their Buy Rating on Ralph Lauren (RL)

Tipranks - Tipranks - Sat May 23, 3:56AM CDT

In a report released today, Adrienne Yih from Barclays maintained a Buy rating on Ralph Lauren, with a price target of $439.00.

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According to TipRanks, Yih is a 3-star analyst with an average return of 2.2% and a 46.79% success rate. Yih covers the Consumer Cyclical sector, focusing on stocks such as National Vision Holdings, Burlington Stores, and Ulta Beauty.

Ralph Lauren has an analyst consensus of Strong Buy, with a price target consensus of $437.00.

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Based on Ralph Lauren’s latest earnings release for the quarter ending March 28, the company reported a quarterly revenue of $1.98 billion and a net profit of $151.6 million. In comparison, last year the company earned a revenue of $1.7 billion and had a net profit of $129 million

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