Wedbush Maintains Neutral on RH, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains a Neutral rating on RH (NYSE:RH) and lowers the price target from $235 to $230.

May 26, 2023 | 1:21 pm
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NEUTRAL IMPACT
Wedbush analyst Seth Basham maintains a Neutral rating on RH and lowers the price target from $235 to $230.
The news directly mentions RH and the lowered price target by Wedbush analyst Seth Basham. This may cause some investors to reconsider their positions, but the Neutral rating suggests that the stock is not expected to have significant short-term price movement. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100