Fly News Breaks for July 11, 2019
Jul 11, 2019 | 06:34 EDT
Goldman Sachs analyst Kate McShane started RH with a Neutral rating and $129 price target. The analyst prefers names that are more "defensive in nature" as certain housing data points have been softening.
News For RH From the Last 2 Days
Sep 16, 2019 | 07:54 EDT
Loop Capital analyst Anthony Chukumba raised his price target on RH to $190 and kept his Buy rating after the company's completed convertible note offering last week. The analyst says he is impressed with RH's ability to issue debt without any cash interest cost, which highlights investors' confidence in the company's long-term potential.