Barclays Maintains Equal-Weight on RH, Raises Price Target to $340
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Seth Sigman has maintained an Equal-Weight rating on RH (NYSE:RH) and increased the price target from $293 to $340.

April 01, 2024 | 1:16 pm
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Barclays has maintained an Equal-Weight rating on RH but raised the price target from $293 to $340.
The increase in price target by Barclays, a major financial institution, suggests a positive outlook on RH's stock performance in the short term. While the rating remains Equal-Weight, indicating a neutral stance, the significant raise in price target could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100