JPMorgan analyst Christopher Horvers raised the firm’s price target on RH to $345 from $329 and keeps an Overweight rating on the shares following the Q4 report. The company reported a “rough print” and with profits being pushed out again, but there is optimism on demand improvement with Q1 estimates looking conservative, the analyst tells investors in a research note. The firm believes 2025 consensus estimates for RH seem intact.
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