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Fly News Breaks for February 3, 2017
RL
Feb 3, 2017 | 06:00 EDT
Piper Jaffray analyst Erinn Murphy downgraded Ralph Lauren to Underweight saying the abrupt departure of CEO Stefan Larsson signals challenges with the company's four-year turnaround. The analyst lowered her price target for the shares to $70 from $91.
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