Citron Says Restoration Hardware Poised To Jump 'Into Hyper Speed' [Yahoo! Finance News]
RH (RH)
Last rh earnings: 3/30 04:05 pm
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US:NYSE Investor Relations:
ir.restorationhardware.com/investor-overview
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Source: Yahoo! Finance News
Activist investor and famed short seller Andrew Left of Citron Research said Tuesday that Restoration Hardware Holdings, Inc (NYSE: RH) is the "clear winner" of a potential large scale shift in American workers outside of expensive, densely populated urban centers.Left published a bullish note on his latest long position Restoration Hardware on Tuesday and set a $400 price target for the stock. The price target implies roughly 100% upside from current levels, but Left said he wouldn't be surprised if the stock made it to $800 in time as Wall Street begins to fully appreciate the power of its business model.The ThesisLeft said many of the top market performers of the past couple of months have been short-term work-from-home trades like Wayfair Inc (NYSE: W), but Restoration Hardware is a long-term play on what he sees as a secular shift in the US economy."Regardless of the possibility of a vaccine, the trend of moving out of cities to the suburbs for larger living spaces where people c
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News
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- RH (NYSE: RH) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $201.00 to $264.00. They now have a "sell" rating on the stock.MarketBeat
RH
Earnings
- 3/27/24 - Miss
RH
Sec Filings
- 4/12/24 - Form 4
- 4/12/24 - Form 4
- 4/12/24 - Form 4
- RH's page on the SEC website