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Fly News Breaks for October 7, 2016
RL
Oct 7, 2016 | 06:31 EDT
Goldman analyst Lindsay Drucker Mann added Ralph Lauren to the Conviction Buy List saying CEO Stefan Larsson's turnaround is firmly in place. Drucker expects a major inventory drawdown over the next 4 quarters, a major push ot upgrade operating capabilities, and cost savings from restructuring activities. The analyst has a $120 price target on Ralph Lauren shares.
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