B of A Securities Maintains Buy on RH, Lowers Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Curtis Nagle maintains a Buy rating on RH but lowers the price target from $325 to $310.
September 05, 2024 | 4:27 pm
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NEUTRAL IMPACT
B of A Securities analyst Curtis Nagle maintains a Buy rating on RH, indicating confidence in the company's performance, but lowers the price target from $325 to $310, suggesting a more conservative outlook on its valuation.
The Buy rating suggests continued confidence in RH's performance, but the lowered price target indicates a more cautious approach to its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100