Ralph Lauren Shares Surge, Defying Economic Caution

Ralph Lauren shares surged three percent following Guggenheims neutral rating, overshadowed by positive analyst views. The luxury apparel brands optimistic outlook, driven by strong performance and international growth, led to a raised full-year outlook and a nearly three percent stock increase. Despite broader economic caution, Ralph Laurens shares have soared nearly sixty percent this year, making it a solid investment.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.