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Ralph Lauren (RL) Gets a Buy from William O’Neil

Tipranks - Tipranks - Tue Jun 16, 9:26AM CDT

Ralph Lauren received a Buy rating and price target from William O’Neil analyst today.

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Currently, the analyst consensus on Ralph Lauren is a Strong Buy with an average price target of $438.25.

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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

Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RL in relation to earlier this year.

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