Stocks · News reference
Goldman Sachs analyst Kate McShane maintains RH (NYSE:RH) with a Neutral and lowers the price target from $164 to $140.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
As concerns about AI spending returns mount and treasury yields decline, investors are rotating out of tech stocks into alternative sectors. Housing stocks surged 3.8% as lower interest rates make them attractive, signaling a potential shift in market leadership away from AI-focused companies.
U.S. stocks mixed; Dow rose 400 points. Hasbro surged on strong earnings and outlook, while Braze, Myriad Genetics and others gained.
Analysts cut targets for WING, ELAN, SBAC and RH; raised targets for TRV, OXY and GILD, with ELAN downgraded to Hold.