Why This RH Analyst Is Slashing Price Target By Almost 50%
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 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 ...