Wedbush Maintains Neutral on RH, Raises Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains a Neutral rating on RH (NYSE:RH) but raises the price target from $250 to $310.
September 13, 2024 | 12:54 pm
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POSITIVE IMPACT
Wedbush analyst Seth Basham maintains a Neutral rating on RH but raises the price target from $250 to $310, indicating a positive outlook on the stock's potential value.
The increase in the price target from $250 to $310 suggests that the analyst sees potential for RH's stock to appreciate, which is a positive signal for investors. However, the Neutral rating indicates a balanced view, suggesting that while there is potential for growth, there may also be risks or uncertainties.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100