Goldman Sachs Maintains Sell on RH, Raises Price Target to $176
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 $176.
May 30, 2023 | 11:57 am
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Goldman Sachs maintains Sell rating on RH (NYSE:RH) and raises the price target from $158 to $176.
Goldman Sachs' Sell rating on RH indicates a bearish outlook for the stock. The raised price target from $158 to $176 suggests that the analyst sees some upside potential, but still believes the stock is overvalued. This news may negatively impact RH's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100