JP Morgan Maintains Overweight on RH, Lowers Price Target to $190
JP Morgan analyst Christopher Horvers maintains RH (NYSE:RH) with a Overweight and lowers the price target from $212 to $190.
A big bank analyst still thinks RH is a good company to own, but believes the stock price may not go as high as they thought before. When an expert lowers their price goal, it means they see some headwinds, but staying positive shows they still believe in the business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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