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Why This RH Analyst Is Slashing Price Target By Almost 50%
TGTTarget(TGT) Benzinga·2025-04-14 23:56

RH's RH sales are gaining momentum and margins have inflected positive, with easy comps suggesting expansion through the first half of 2025, according to JPMorgan.  The RH Analyst: Analyst Christopher Horvers reiterated an Overweight rating, while slashing the price target from 510to510 to 250.The RH Thesis: The estimates for the company have been revised after the release of fourth-quarter results and 2025 guidance, Horvers said in the note.Check out other analyst stock ratings.RH reported its fourth-quarter ...