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Luxury Fashion House Ralph Lauren Boasts 'Robust Growth Across All Regions,' Analyst Initiates Coverage
Summary
Needham analyst Tom Nikic gives Ralph Lauren Corp (NYSE: RL) a Buy rating with a $310 price target, citing 31 consecutive quarters of AUR growth. Despite a 50% drop in unit sales since FY17, RL has reached an inflection point, with AUR growth accelerating in FY25.
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Read Full ArticleArticle published on February 12, 2025 by benzinga