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We initiate on RH (NYSE:RH) with a Strong Buy rating and a $279.91 price target. RH is a portfolio of businesses that operate as a premium home furnishings retailer, offering a design-driven assortment of furniture, lighting, textiles, bathware, décor, and
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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