TD Cowen Maintains Buy on RH, Raises Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Max Rakhlenko maintains a Buy rating on RH and raises the price target from $325 to $350.
September 13, 2024 | 2:56 pm
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POSITIVE IMPACT
TD Cowen analyst Max Rakhlenko has maintained a Buy rating on RH and increased the price target from $325 to $350, indicating a positive outlook for the company's stock.
The analyst's decision to maintain a Buy rating and raise the price target suggests confidence in RH's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in RH's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100