Following three years of demand contraction, weak housing turnover and margin compression, RH RH appears to be "in the early stages of a positive inflection," according to Morgan Stanley.The RH Analyst: Analyst Simeon Gutman upgraded the rating for RH from Equal-Weight to Overweight, while raising the price target from $435 to $530.The RH Thesis: Although the path was challenging for most of 2023 and 2024, it is turning "decisively positive" into 2025 and investor focus should turn to the company's long-ter ...