JPMorgan Cuts RH Price Target to $212, Analysts Maintain Overweight Rating

Analysts at JPMorgan Chase & Co. have lowered their price target for RH (NYSE:RH) to $212.00 from $225.00, citing a potential upside of 20.69% from its current price.

The brokerage maintains an 'overweight' rating on the stock and joins several other firms that have recently weighed in on RH's prospects.

UBS Group reduced their target price for shares of RH from $160.00 to $155.00, while The Goldman Sachs Group raised its price target for the company from $86.00 to $155.00.

Insiders at RH have sold a total of 132,749 shares of the company's stock in the past ninety days, with Director Mark S. Demilio selling 2,445 shares on Friday, July 10th.