These Analysts Revise Their Forecasts On RH Following Q2 Results

RH (NYSE:RH) on Thursday reported better-than-expected second- quarter earnings . RH reported quarterly earnings of $2.70 per share, which beat the Street estimate of $1.78 by 51.69%, per Benzinga Pro data. Quarterly revenue of $922.15 million missed the analyst consensus estimate of $936.25 million, but was up from $899.15 million in the same period last year. RH narrowed its fiscal 2026 revenue outlook to a range of $3.63 billion to $3.68 billion, versus the $3.63 billion analyst estimate. RH shares gained 1.5% to trade at $136.00 on Friday. These analysts made changes to their price targets on RH following earnings announcement. Baird analyst Peter Benedict maintained the stock with a Neutral and lowered the price target from $165 to $160. B of A Securities analyst Christopher Nardone maintained the stock with an...