Ralph Lauren – Fashion Label Benefits From Outlook on Increasing Consumer Demand!
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Business Driver: Ralph Lauren (RL) is one of the most popular manufacturers in the premium price segment, not only with men's and women's clothing but also with fashion accessories, watches, and eyewear, through brand labels like Ralph Lauren, Polo Ralph Lauren, Double RL, and others. In the medium term, Ralph Lauren should primarily benefit from the increasing demand in key markets such as China. On March 18, Goldman Sachs upgraded the rating from Neutral to Buy and raised the price target from $280 to $286.
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