JPMorgan Raises Ralph Lauren (RL) Price Target, Keeps Overweight Rating

From Yahoo Finance: 2025-05-24 03:24:00

JPMorgan analyst Matthew Boss raised Ralph Lauren Corporation’s price target to $355 from $342, maintaining an “Overweight” rating. The company has not experienced any global slowdown through May and reported no cancellations from wholesale partners. However, the forecast for the second half of fiscal 2026 is conservative, with revenue growth expected to moderate by about 10 percentage points.

Boss noted a potential headwind of more than 100 basis points from tariffs in Ralph Lauren Corporation’s preliminary guidance for fiscal 2026. The company is exploring actions to offset this impact, potentially exceeding current guidance. Boss mentioned a potential upside scenario where the stock’s value could surpass $400. Although RL has investment potential, some AI stocks offer higher returns with limited downside risk.

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