financetom
Business
financetom
/
Business
/
RH Cash Flow, Demand Guidance Eases Tariff Concerns, Wedbush Says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
RH Cash Flow, Demand Guidance Eases Tariff Concerns, Wedbush Says
Apr 7, 2025 10:33 AM

01:03 PM EDT, 04/07/2025 (MT Newswires) -- RH's (RH) guidance on fiscal 2025 cash flow and Q1 demand reduced some investor concerns as tariff turmoil roiled markets, Wedbush Securities said Monday in a report.

Projected free cash flow of $250 million to $350 million and indications the furniture retailer is on track to meet Q1 guidance are viewed "favorably," indicating support for RH stock after the selloff in the previous two sessions, Wedbush said.

"RH shares are best positioned to rebound should proposed reciprocal tariffs on Vietnam and Indonesia be eliminated or sharply reduced," Wedbush said.

The company still faces hurdles from the prospect of tariffs eroding consumer spending,

Wedbush has an outperform rating on RH stock with a price target of $250.

RH shares rose 14% in recent Monday trading as benchmark equity indexes fell.

Price: 165.48, Change: +20.82, Percent Change: +14.29

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Cathie Wood's ARK Invest scoops up nearly 10,000 Reddit shares in debut
Mar 22, 2024
(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved