Morgan Stanley Maintains Equal-Weight on RH, Raises Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Equal-Weight rating on RH and raises the price target from $300 to $310.
September 13, 2024 | 11:41 am
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POSITIVE IMPACT
Morgan Stanley has maintained its Equal-Weight rating on RH while slightly increasing the price target from $300 to $310, indicating a modestly positive outlook.
The increase in price target from $300 to $310 by Morgan Stanley suggests a slightly more optimistic view on RH's future performance. The Equal-Weight rating indicates a neutral stance, but the raised target could lead to a modest positive impact on RH's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100