Form 8-K RH For: Dec 09

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Restoration Hardware (RH) PT Raised to $525 at Guggenheim

December 10, 2020 7:00 AM EST

Guggenheim analyst Steven Forbes raised the price target on Restoration Hardware (NYSE: RH) to $525.00 (from $500.00) while maintaining a Buy rating.

The analyst commented, "Not only did RH's 3Q 2020 operating results provide further validation behind the company's EBIT margin opportunitywith the achievement of 26.5% vs.... More