Wedbush Upgrades RH to Outperform, Raises Price Target to $430
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham has upgraded RH from Neutral to Outperform and increased the price target from $310 to $430.
October 21, 2024 | 5:39 pm
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POSITIVE IMPACT
Wedbush has upgraded RH to Outperform and raised its price target to $430, indicating a positive outlook on the company's stock performance.
The upgrade from Neutral to Outperform by Wedbush, along with a significant increase in the price target from $310 to $430, suggests a strong positive sentiment towards RH's future performance. This is likely to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100