Shares of luxury furniture retailer RH (NYSE:RH) surged 3.6% as Morgan Stanley raised the price target to $275 from $250 with an “Overweight” rating. The stock closed at $232.90, up 4.2% from previous close. Market indicates news as significant but not game-changing. Previous big move was due to White House tariff delay, easing pressure on retailers. RH is up 20.4% YTD, trading 48.8% below 52-week high. Investors from 5 years ago would see 464.88% return. Analysts predict enterprise software companies with generative AI will be the new tech gorillas. Want more insights? Access our report for free.

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