Bank of America Raises Ralph Lauren Price Target to $450 Amid Stronger Brand Positioning
Bank of America has raised its price target on Ralph Lauren Corp (NYSE:RL) to $450 from $400, citing stronger brand positioning and margin-accretive growth potential. The analysts believe the stock's premium valuation is justified by continued brand elevation and consistent earnings growth, with a focus on higher AUR categories and international expansion, particularly in Asia.
Tickers: $RL
Topics: analyst upgrade luxury brand price target Ralph Lauren stock valuation