Wedbush Maintains Neutral on RH, Raises Price Target to $360
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Seth Basham maintains a Neutral rating on RH (NYSE:RH) and raises the price target from $230 to $360.
August 24, 2023 | 1:23 pm
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NEUTRAL IMPACT
Wedbush analyst Seth Basham maintains a Neutral rating on RH and raises the price target from $230 to $360.
The news is directly about RH and is likely to influence investor sentiment. The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at the moment. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100