Telsey Advisory Group Maintains Market Perform on RH, Lowers Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained a Market Perform rating on RH (NYSE:RH) but has lowered the price target from $335 to $320.
June 06, 2024 | 12:48 pm
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Telsey Advisory Group has maintained a Market Perform rating on RH but has lowered the price target from $335 to $320. This indicates a slightly less optimistic outlook on the stock's short-term performance.
The lowered price target from $335 to $320 suggests that the analyst sees less upside potential for RH in the near term. This could lead to a negative sentiment among investors, potentially putting downward pressure on the stock price.
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IMPORTANCE 70
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