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Ralph Lauren raises annual revenue forecast on strong apparel demand

Summary by WTVB

(Reuters) – Ralph Lauren raised its annual revenue forecast on Thursday, betting on more younger shoppers picking up its spring collection of dresses, skinny cuffed trousers and floral dinner jackets. Shares of the apparel maker rose 8% in premarket trading. Unlike European fashion houses LVMH, Hugo Boss and Kering, Ralph Lauren has enjoyed strong demand as efforts to invest in brands such as Polo and Purple Label helped pull in wealthy shoppers…

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Ralph Lauren raises annual revenue forecast on strong apparel demand

2 months ago

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wkrb13.com

Ralph Lauren (NYSE:RL) Price Target Raised to $330.00

Ralph Lauren (NYSE:RL – Get Free Report) had its price target upped by investment analysts at Jefferies Financial Group from $285.00 to $330.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the textile maker’s stock. Jefferies Financial Group’s target price suggests a potential upside of […]

2 months ago

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com-unik.info

Ralph Lauren (NYSE:RL) Stock Price Expected to Rise, Barclays Analyst Says

Ralph Lauren (NYSE:RL – Get Free Report) had its price target upped by research analysts at Barclays from $257.00 to $310.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the textile maker’s stock. Barclays‘s target price would indicate a potential upside of 13.75% from the […]

2 months ago

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STASH

Sleek and Sweaty: Found Romances Ralph Lauren's Elixir

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2 months ago

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