RH (RH) Tops Q1 EPS by 46c
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Restoration Hardware (RH) PT Raised to $300 at Guggenheim
June 5, 2020 6:34 AM EDTGuggenheim analyst Steven Forbes raised the price target on Restoration Hardware (NYSE: RH) to $300.00 (from $140.00) while maintaining a Buy rating.
The analyst commented, "Not only did RH's 1Q 2020 operating results come in ahead of our expectations but 2Q demand growth has returned to high-single... More
Restoration Hardware (RH) PT Raised to $260 at Cowen
June 5, 2020 6:16 AM EDTCowen analyst Oliver Chen raised the price target on Restoration Hardware (NYSE: RH) to $260.00 (from $110.00) while maintaining a Outperform rating following strong results.
The analyst commented, "We are constructive on RH's 1Q20 EPS ($1.27 vs. Street's $0.90) beat driven by a resilient EBIT margin beat (10.0%... More