Ralph Lauren Reports Second Quarter Fiscal 2020 Results
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Ralph Lauren (RL) PT Lowered to $130 at Needham & Company
November 8, 2019 8:21 AM ESTNeedham & Company analyst Rick Patel lowered the price target on Ralph Lauren (NYSE: RL) to $130.00 (from $138.00) while maintaining a Buy rating.
Patel commented, "In our view, RL continues to make good progress strategically and tactically, as evident by better than expected F2Q... More
Ralph Lauren (RL) PT Raised to $135 at Cowen
November 8, 2019 7:28 AM ESTCowen analyst John Kernan raised the price target on Ralph Lauren (NYSE: RL) to $135.00 (from $107.00) while maintaining an Outperform rating.
The analyst commented, "Mean reversion in valuation across the lifestyle brands continues, while RL results show that managements initiatives have shown progress... More
Ralph Lauren (RL) Tops Q2 EPS by 16c
November 7, 2019 8:07 AM ESTRalph Lauren (NYSE: RL) reported Q2 EPS of $2.55, $0.16 better than the analyst estimate of $2.39. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.69 billion.
Guidance:
For Fiscal 2020, the Company continues to expect net revenue growth of 2% to 3% on a constant currency basis... More
