The
Ralph Lauren Corporation (RL) has made notable maneuvers as reported by multiple financial news portals. RL's growth strategies have been positively seen, thereby resulting in share performance outpacing industry. Several reports focused on its
COO Jane Nielsen selling 67,243 shares, translating to over $11.5 million. While the firm's strategic and execution prowess is applauded, its share price is considered high. Investors are curious to assess RL's international revenue trends as its upward momentum rings promising. It recently reported
Q4 2024 earnings, beating estimates with revenues up YoY. Wells Fargo lowered RL's price target to $180.00, but it was followed by Guggenheim reiterating a 'buy' rating. Some concerns have been raised over RL's revenue performance despite encouraging earnings growth. The company made headlines after it declared a larger dividend than the previous year.
Principal Financial Group decided to increase its stake in RL and strategic SWOT analysis shows a potential 34% above intrinsic value for RL's share price. The leadership also saw changes with
Picicci being announced as CFO.
Ralph Lauren Corporation RL News Analytics from Thu, 13 Jul 2023 07:00:00 GMT to Thu, 30 May 2024 12:24:59 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -1
