Fri Sep 20 13:11:22 UTC 2024: ## Ralph Lauren Stock Price Target Raised by Telsey Advisory Group

**New York, NY -** Ralph Lauren (NYSE:RL) has received a positive outlook from research analysts at Telsey Advisory Group, who have boosted the company’s price target from $195.00 to $207.00. This represents a potential upside of 12.03% from the stock’s current price. The brokerage firm maintains an “outperform” rating on the textile maker.

The optimistic outlook comes after Ralph Lauren exceeded analysts’ expectations in its recent earnings report. The company reported $2.70 EPS for the quarter, topping analysts’ consensus estimates of $2.45 by $0.25. Revenue for the quarter reached $1.51 billion, exceeding the estimated $1.49 billion.

While Telsey Advisory Group is bullish on Ralph Lauren, other analysts have varying opinions on the stock. Argus reaffirmed a “hold” rating, while TD Cowen lowered their price target from $196.00 to $193.00 but maintained a “buy” rating. StockNews.com downgraded Ralph Lauren from a “buy” to a “hold” rating, and Wells Fargo & Company lowered their target price to $180.00 and assigned an “equal weight” rating. Guggenheim, however, restated a “buy” rating and issued a $200.00 price target.

Overall, Ralph Lauren has a consensus rating of “Moderate Buy” with a consensus price target of $186.00, based on data from MarketBeat.

Recent activity from institutional investors suggests continued interest in the company. QRG Capital Management Inc., Oak Thistle LLC, Mather Group LLC., Atomi Financial Group Inc., and Fifth Third Bancorp all increased their holdings in Ralph Lauren during recent quarters.

Ralph Lauren Corporation is a global lifestyle brand that designs, markets, and distributes a wide range of products including apparel, footwear, accessories, home furnishings, and fragrances. The company operates across North America, Europe, Asia, and other international markets.

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