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Fly News Breaks for June 6, 2016
RL
Jun 6, 2016 | 07:19 EDT
UBS said Ralph Lauren remains one of the best risk/rewards in their softlines coverage. The firm is looking to the company's upcoming analyst day as a potential near-term catalyst. UBS said investors will be listening to see if the company can drive price increases, how it will manage its brand portfolio, and what will its guidance and strategy be longer term. UBS reiterated its Buy rating and $115 price target on Ralph Lauren shares.
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