Baird Maintains Neutral on RH, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Peter Benedict maintains a Neutral rating on RH (NYSE:RH) and lowers the price target from $250 to $230.

May 26, 2023 | 11:16 am
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Baird analyst Peter Benedict has lowered the price target for RH (NYSE:RH) from $250 to $230, while maintaining a Neutral rating.
The news of Baird analyst Peter Benedict lowering the price target for RH from $250 to $230, while maintaining a Neutral rating, is directly related to the company. This change in price target may cause some short-term uncertainty among investors, but the Neutral rating suggests that the overall outlook for the stock remains unchanged. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100