Ralph Lauren Corporation (NYSE:RL) stock is trading -29.15 percent below its 52-week high

Citigroup lowered the price target for the Ralph Lauren Corporation (NYSE:RL) stock from ‘a Buy’ to ‘a Neutral’. The rating was released on May 23, 2023, according to finviz. We previously noted in another research note published on April 05, 2023 by Wells Fargo that downgraded the stock from an Overweight to an Equal weight with a price target of $110 for RL stock. The research report from JP Morgan has upgraded the stock from Neutral to Overweight, with a price target set at $142. The stock was downgraded by Wedbush, who disclosed in a research note on March 07, 2023, from Outperform to Neutral and set the price objective to $127.