Ralph Lauren Corporation Announces Departure of Christopher Peterson
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Piper Jaffray Cuts Price Target on Ralph Lauren (RL) as President of Global Brands Announces Intention to Leave
February 26, 2016 7:23 AM ESTPiper Jaffray reiterated a Neutral rating on Ralph Lauren (NYSE: RL), and cut the price target to $82.00 (from $94.00), following the company's announcement that the President of Global Brands, Chris Peterson, will be leaving the company. Mr. Peterson's departure is on the heels of Jacki Nemerov's departure (the former COO). Piper Jaffray believes his... More
