Additional honors came from Jim Cramer, who signaled the brand as timeless and encouraged investors to buy. Even as the stock surges, Cramer encourages that the stock has a lot more to run. In an affirmation of the companyβs growth, a quarterly dividend was declared and JPMorgan raised the price target, maintaining their overweight rating.
Aside from excellent financial growth, Ralph Lauren Corporation received recognition in the form of the Presidential Medal of Freedom and continued with their Artist in Residence Program, collaborating with Zefren-M. It also received acknowledgment for its global citizenship and sustainability efforts in its 2024 report. However, despite strong financial performance and public acclaim, Ralph Lauren Corporation stated they might consider raising prices due to tariff pressures.
Ralph Lauren Corporation RL News Analytics from Tue, 16 Jul 2024 07:00:00 GMT to Fri, 06 Jun 2025 00:36:15 GMT - Rating 8 - Innovation 6 - Information 8 - Rumor -5