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Benzinga
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RH Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. RH's Q2 earnings expected at $3.22 per share, up from $1.69. 2. Projected revenue of $905.36 million, increased from $829.65 million. 3. Better-than-expected Q1 results, maintaining FY25 guidance amid uncertainties. 4. Wells Fargo raised RH's price target to $295; sentiment remains positive. 5. Goldman Sachs downgraded RH from Neutral to Sell; price target down to $179.

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FAQ

Why Bullish?

Analysts have raised price targets indicating strong expectations for RH's performance. Historical instances where earnings exceed forecasts typically result in positive stock movement.

How important is it?

Upcoming earnings and analyst upgrades have a significant potential to influence stock performance. Positive earnings surprises historically lead to stock price increases.

Why Short Term?

Earnings results are imminent; impact felt quickly post-announcement based on historical patterns. Analyst ratings and guidance may shift stock price immediately.

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