Telsey Advisory Group Maintains Market Perform on RH, Lowers Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained a Market Perform rating on RH (NYSE:RH) but has lowered the price target from $325 to $285.
December 08, 2023 | 10:33 am
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Telsey Advisory Group has maintained a Market Perform rating on RH but reduced the price target from $325 to $285, indicating a potential downside compared to the previous target.
The reduction in price target by Telsey Advisory Group suggests that they see less upside potential for RH's stock price in the short term. This could lead to negative investor sentiment and a possible decrease in the stock price as the market adjusts to the new target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100