Investing.com -- Raymond James upgraded Ralph Lauren to Outperform from Market Perform, citing growing confidence that the apparel maker can exceed fiscal 2027 expectations as improving consumer demand and pricing power bolster its long-term earnings outlook. Raymond James expects Ralph Lauren's brand momentum and margin expansion to support earnings growth beyond current market expectations. Raymond James assigned the stock a $410 price target, arguing the company deserves a premium valuation due to its execution track record and improving fundamentals. The firm said its positive view is supported by durable pricing, international growth opportunities, margin expansion and confidence in management. Related articlesRaymond James upgrades Ralph Lauren on stronger growth outlook ahead of earningsJPMorgan sees clean energy pullback as buying opportunity ahead of earningsBernstein upgrades Five Below to Outperform, sees 22% upside on stronger outlook