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TD Cowen Reaffirms Their Buy Rating on RH (RH)

Tipranks - Tipranks - Sat Jun 13, 10:36AM CDT

In a report released today, Max Rakhlenko from TD Cowen maintained a Buy rating on RH, with a price target of $175.00.

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According to TipRanks, Rakhlenko is a 3-star analyst with an average return of 3.3% and a 52.81% success rate. Rakhlenko covers the Consumer Cyclical sector, focusing on stocks such as AutoZone, Planet Fitness, and Advance Auto Parts.

In addition to TD Cowen, RH also received a Buy from Barclays’s Seth Sigman in a report issued today. However, on the same day, KeyBanc maintained a Hold rating on RH (NYSE: RH).

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Based on RH’s latest earnings release for the quarter ending May 2, the company reported a quarterly revenue of $800.33 million and a GAAP net loss of $13.7 million. In comparison, last year the company earned a revenue of $813.95 million and had a net profit of $8.04 million

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