Alert: Major Price Decline (6/14/24)-RH (NYSE: RH).

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RH (NYSE: RH) stock suffered a major decline of -17.1% on 6/14/24. The shares closed at $229.73. Moreover, exceptionally high trading volume at 531% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -17.7% during the last week.

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Current PriceTarget Research Rating

RH’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.

RH is currently unrated.

Rating Review

The stock is currently unrated.

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