Shares of Restoration Hardware, or RH (NYSE: RH), experienced a significant drop of 7.53% on Monday, in response to the recent disclosures the home furniture company made on Feb. 3.
Citigroup boosted the price target for RH (NYSE: RH) from $305 to $380. Citigroup analyst Steven Zaccone maintained a Buy rating. Hershey shares fell 4% to $330.00 in pre-market trading.
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RH (NYSE:RH) announced today that Chairman & Chief Executive Officer Gary Friedman intends to sell approximately 0.7 million shares of common stock related to 1.0 million options that are set to expire in connection