UPDATE: Morgan Stanley Upgrades Ralph Lauren Corp. to Overweight, Reiterates $194 PT
Posted on January 07, 2013 at 13:06 PM EST
In a report published Monday, Morgan Stanley upgraded its rating on Ralph Lauren Corp. (NYSE: RL ) to Overweight, and reiterated its $194.00 price target. Morgan Stanley noted, “We believe Ralph Lauren has a good setup in calendar year 2013. It will have easier sales compares, as it will be