BofA analyst Curtis Nagle lowered the firm’s price target on RH (RH) to $170 from $200 and keeps an Underperform rating on the shares after the company reported Q3 adjusted EBIT below expectations due to tariff impacts and lowered 2025 guidance. The firm lowered estimates given uncertainty around durability of demand against tougher comparisons and a challenging housing backdrop, tariffs, and risks around free cash flow generation and debt deleverage, the analyst tells investors.
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