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Ralph Lauren (RL) Gets a Buy from BTIG

Tipranks - Tipranks - Thu Feb 26, 7:00AM CST

BTIG analyst Robert Drbul reiterated a Buy rating on Ralph Lauren today and set a price target of $435.00.

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According to TipRanks, Drbul is a 4-star analyst with an average return of 5.1% and a 53.89% success rate. Drbul covers the Consumer Cyclical sector, focusing on stocks such as Nike, Ralph Lauren, and Levi Strauss & Co.

In addition to BTIG, Ralph Lauren also received a Buy from TipRanks – Google’s Google Apparel – Manufacturers in a report issued on February 23. However, on the same day, TipRanks – xAI downgraded Ralph Lauren (NYSE: RL) to a Hold.

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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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