Guggenheim Upgrades Ralph Lauren Corp - (RL)
Nasdaq Fintel reports that on September 18, 2023, Guggenheim upgraded their outlook for Ralph Lauren Corp - (NYSE:RL) from Neutral to Buy .
Analyst Price Forecast Suggests 22.38% Upside
As of August 31, 2023, the average one-year price target for Ralph Lauren Corp - is 139.34. The forecasts range from a low of 101.00 to a high of $177.45. The average price target represents an increase of 22.38% from its latest reported closing price of 113.86.
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The projected annual revenue for Ralph Lauren Corp - is 6,737MM, an increase of 4.46%. The projected annual non-GAAP EPS is 9.16.
What is the Fund Sentiment?
There are 937 funds or institutions reporting positions in Ralph Lauren Corp -. This is a decrease of 42 owner(s) or 4.29% in the last quarter. Average portfolio weight of all funds dedicated to RL is 0.18%, a decrease of 7.08%. Total shares owned by institutions decreased in the last three months by 8.11% to 54,381K shares. The put/call ratio of RL is 1.01, indicating a bearish outlook.