RH tumbles premarket after home furnishings firm posts wider-than-expected Q1 loss

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Restoration Hardware (RH) PT Lowered to $300 at Morgan Stanley

June 17, 2024 5:20 AM EDT

Morgan Stanley analyst Simeon Gutman lowered the price target on Restoration Hardware (NYSE: RH) to $300.00 (from $320.00) while maintaining a Equalweight rating.

The analyst comments "Our EW investment view is unchanged. We have been patiently waiting on the sidelines for an... More