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home / news releases / RH - RH's guidance assumes unrealistic double-digit demand growth in tough environment -- Wedbush

RH - RH's guidance assumes unrealistic double-digit demand growth in tough environment -- Wedbush

RH

2024-06-14 13:44:26 ET

Wedbush has dropped its price target for RH ( NYSE: RH ) by 22% to $250 and kept its Neutral rating after disappointing Q1 results on Thursday -- including an overly optimistic demand ramp in H2 -- keeps analyst Seth Basham on the sidelines. ...

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RH's guidance assumes unrealistic double-digit demand growth in tough environment -- Wedbush
Stock Information
Company Name: RH
Stock Symbol: RH
Market: NYSE
Website: restorationhardware.com
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