Barclays lowered the firm’s price target on RH (RH) to $202 from $283 and keeps an Overweight rating on the shares. The firm updated the company’s model following the earnings report.
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- Closing Bell Movers: Nike slides 9% after Q3 results, soft outlook
- RH sees FY26 revenue up 4%-8%, implying $3.58B-$3.72B, consensus $3.77B
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- RH says 2-year revenue growth ‘outpaced peers’ by 7 to 30 basis points
- RH sees FY26 revenue up 4%-6%, implying $3.58B-$3.65B, consensus $3.77B
