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On [insert date], shares of RHHBY (Symbol: RHHBY) exceeded the average analyst 12-month target price of $44.88, trading at $45.43 per share. This shift raises the question of whether analysts will downgrade their recommendations or adjust their target prices upward in response to the company’s performance.
Currently, there are four different analyst targets contributing to RHHBY’s average, with one analyst forecasting a price as low as $40.00 and another as high as $47.50, resulting in a standard deviation of $3.424. The breakdown of analyst ratings includes 5 strong buy, 0 buy, 5 hold, 1 sell, and 4 strong sell ratings, yielding an average rating of 2.89 on a scale where 1 is strong buy and 5 is strong sell.
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