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Fly News Breaks for August 15, 2018
RL
Aug 15, 2018 | 08:24 EDT
JPMorgan analyst Matthew Boss raised his price target for Ralph Lauren to $145 from $141 and maintained a Neutral rating, telling investors in a research note that he sees the share price moving higher in the near-term driven by upside risk to estimates owing to conservative guidance and FX tailwinds, and shares still trading below its 10-year historical discount to apparel peers.
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