RH (RH) Tops Q2 EPS by $1.49

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Go back to RH (RH) Tops Q2 EPS by $1.49

Restoration Hardware (RH) PT Raised to 'Street High' $500 at Guggenheim as 2Q Validates 20%-Plus EBIT Margin Structure

September 10, 2020 7:09 AM EDT

Guggenheim analyst Steven Forbes raised the price target on Restoration Hardware (NYSE: RH) to a 'Street High' $500.00 (from $300.00) while maintaining a Buy rating following results.

The analyst commented, "Not only did RH deliver a ~22% EBIT margin during the 2Q on flat revenue,... More