Wells Fargo Maintains Overweight on RH, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Zachary Fadem maintains an Overweight rating on RH (NYSE:RH) but lowers the price target from $360 to $350.
June 14, 2024 | 1:48 pm
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Wells Fargo analyst Zachary Fadem maintains an Overweight rating on RH but lowers the price target from $360 to $350.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on RH's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100