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Ralph Lauren Corp. (RL) [hlAlert]

Rating:
Neutral RL

Polo Ralph Lauren Corporation (RL) rated Neutral with price target $43 by JP Morgan

Posted on: Tuesday,  Dec 23, 2008  10:25 AM ET by JP Morgan

Polo Ralph Lauren (RL)
rated Neutral with price target $43 by JP Morgan.

Polo Ralph Lauren Corporation (Polo) is a global player in the design, marketing and distribution of lifestyle products, including men?s, women?s and children?s apparel, accessories, fragrances and home furnishings. The Company operates in three integrated segments: Wholesale, Retail and Licensing. Its brands include apparel, accessories and fragrance collections for men and women, as well as childrenswear and home furnishings. Apparel products include collections of men?s, women?s and children?s clothing. Accessories encompass a range of footwear, eyewear, watches, jewelry, hats, belts and leathergoods, including handbags and luggage. Home products include bedding and bath products, furniture, fabric and wallpaper, paint, tabletop, and giftware. Fragrance products are sold under its Romance, Polo, Lauren, Safari, Ralph and Black Label brands, among others.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/23/2008 10:25 AM Hold
None
42.67 43.00
as of 12/24/2008
1 Week up  25.80 %
1 Month   
3 Months   
1 YTD up  25.80 %

(*) Stock Price at the time of the recommendation.
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