Goldman Sachs Maintains Sell on RH, Raises Price Target to $167
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Sell rating on RH (NYSE:RH) and raises the price target from $158 to $167.
May 26, 2023 | 12:15 pm
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Goldman Sachs maintains a Sell rating on RH (NYSE:RH) and raises the price target from $158 to $167.
Goldman Sachs' Sell rating on RH indicates a bearish outlook for the stock. The raised price target from $158 to $167 suggests that the analyst believes the stock is overvalued. This news is likely to have a negative impact on RH's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100