Goldman Sachs Maintains Sell on RH, Lowers Price Target to $226
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Sell rating on RH (NYSE:RH) and lowers the price target from $264 to $226.
June 17, 2024 | 3:36 pm
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Goldman Sachs analyst Kate McShane maintains a Sell rating on RH and lowers the price target from $264 to $226.
The Sell rating and lowered price target from a major financial institution like Goldman Sachs is likely to negatively impact RH's stock price in the short term. Investors may react to the bearish outlook and reduced price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100