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Ralph Lauren Corp. (RL) [hlAlert]

Rating:
Buy RL
up 59.41 %

Polo Ralph Lauren Corporation (RL) rated Buy with price target $52 by Needham

Posted on: Thursday,  Feb 5, 2009  9:25 AM ET by Needham

Needham rated Buy Ralph Lauren Corp. (NYSE: RL) on 02/05/2009. Previously Needham rated Buy Ralph Lauren Corp. (NYSE: RL) on 05/29/2008.,
when the stock price was $68.49. Since then, Ralph Lauren Corp. has gained 59.41% as of 01/20/2016's recent price of $109.18.
If you would have followed the previous Needham's recommendation on RL, you would have gained 59.41% of your investment in 2792 days.

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.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/5/2009 9:25 AM Buy
None
40.37 52.00
as of 12/31/2009
1 Week up  26.13 %
1 Month up  35.26 %
3 Months up  35.66 %
1 YTD up  128.91 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/6/2008 9:25 AM Buy
None
46.30 65.00
5/29/2008 9:25 AM Buy
None
68.49 79.00

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