Morgan Stanley Maintains Equal-Weight on RH, Lowers Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Equal-Weight rating on RH (NYSE:RH) but lowers the price target from $320 to $300.
June 17, 2024 | 11:59 am
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Morgan Stanley analyst Simeon Gutman maintains an Equal-Weight rating on RH but lowers the price target from $320 to $300.
The lowered price target from $320 to $300 by Morgan Stanley suggests a less optimistic outlook for RH's stock performance, which could lead to a short-term negative impact on the stock price.
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IMPORTANCE 80
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