Morgan Stanley Maintains Equal-Weight on RH, Raises Price Target to $355
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman has maintained an Equal-Weight rating on RH (NYSE:RH) and raised the price target from $260 to $355.
August 31, 2023 | 12:54 pm
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Morgan Stanley has maintained an Equal-Weight rating on RH and raised the price target from $260 to $355, which could potentially lead to an increase in the stock's price.
The increase in price target by Morgan Stanley indicates a positive outlook for RH. This could lead to increased investor confidence and potentially an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100