RH price target lowered to $180 from $225 at Wells Fargo

Wells Fargo analyst Zachary Fadem lowered the firm’s price target on RH (RH) to $180 from $225 and keeps an Overweight rating on the shares. Q4 disappointed and the firm lowered its FY26 EPS estimate to $5.75, says the analyst, who adds that “shares should trade lower, as each key metric fell short of (even the most bearish of) buy side expectations with no sign of slowing investment.”