RH's stock price plummeted after reporting disappointing Q3 results, with analysts from Telsey Advisory Group, Morgan Stanley, and KeyBanc Capital Markets providing insights. Telsey lowered its price target due to a lack of clarity on near-term trajectory, citing the difficult housing market and lack of new products and marketing. Morgan Stanley cut its price target, noting reduced EBIT margin guidance and delayed revenue inflection. KeyBanc maintained its rating, mentioning pressure from a softer demand environment but expecting demand trends to improve in 1H24.