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Telsey Advisory Keeps Their Buy Rating on Ralph Lauren (RL)

Tipranks - Tipranks - Sat May 23, 8:12AM CDT

Telsey Advisory analyst Dana Telsey maintained a Buy rating on Ralph Lauren today and set a price target of $435.00.

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Telsey covers the Consumer Cyclical sector, focusing on stocks such as Ross Stores, Abercrombie Fitch, and Burlington Stores. According to TipRanks, Telsey has an average return of -0.7% and a 39.92% success rate on recommended stocks.

In a report released today, Barclays also assigned a Buy rating to the stock with a $439.00 price target.

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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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