Loop Capital Maintains Hold on RH, Raises Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Hold rating on RH while raising the price target from $230 to $320, indicating a more optimistic outlook on the company's stock.
September 16, 2024 | 12:05 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Loop Capital has increased its price target for RH from $230 to $320, while maintaining a Hold rating. This suggests a more positive outlook on RH's stock performance.
The increase in price target from $230 to $320 by Loop Capital indicates a more optimistic view on RH's future stock performance. Although the Hold rating remains, the higher price target suggests potential upside, which could positively influence investor sentiment and short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100