Wedbush Maintains Neutral on RH, Raises Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains a Neutral rating on RH (NYSE:RH) and raises the price target from $275 to $320.
March 28, 2024 | 11:29 am
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Wedbush analyst Seth Basham maintains a Neutral rating on RH but raises the price target from $275 to $320.
The increase in price target from $275 to $320 by a reputable analyst suggests a positive outlook on RH's valuation, potentially leading to increased investor confidence and a short-term positive impact on RH's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100