Wells Fargo Maintains Overweight on RH, Raises Price Target to $375
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Zachary Fadem has maintained an Overweight rating on RH (NYSE:RH) and raised the price target from $300 to $375.
September 08, 2023 | 1:22 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on RH and raised the price target from $300 to $375, which could positively impact the stock's performance.
The raised price target by Wells Fargo indicates a positive outlook for RH. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100