Goldman Sachs lowered the firm’s price target on RH (RH) to $101 from $144 and keeps a Sell rating on the shares. RH shares are down about 17% in pre-market trading, reflecting an earnings miss and guidance for FY26 and 1Q26 that fell short of expectations, the analyst tells investors in a research note.
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Read More on RH:
- RH price target lowered to $180 from $225 at Wells Fargo
- RH price target lowered to $202 from $283 at Barclays
- RH price target lowered to $240 from $275 at Morgan Stanley
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- RH sees FY26 revenue up 4%-8%, implying $3.58B-$3.72B, consensus $3.77B
