Wedbush Maintains Neutral on RH, Lowers Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham has maintained a Neutral rating on RH (NYSE:RH), but has lowered the price target from $335 to $260.
November 17, 2023 | 2:21 pm
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NEGATIVE IMPACT
Wedbush analyst Seth Basham maintains a Neutral rating on RH and reduces the price target from $335 to $260.
The reduction in price target by a notable analyst could lead to a negative perception among investors, potentially causing a short-term decline in RH's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100