周五交易时段，奢侈家具零售商Restoration Hardware Holdings（RH）股价出现大幅下跌，截至发稿时已下跌9.01%。这一显著跌势主要源于美国银行（Bank of America）对RH的投资评级从"买入"下调至"表现不佳"。
美国银行此次下调评级的主要原因是关税风险。分析师认为，对RH主要采购国（包括越南、印度尼西亚、印度和欧盟）征收新关税将严重扰乱公司的供应链，威胁其利润率。同时，美国银行将RH的目标价从410美元大幅下调至130美元，较先前收盘价下调13%。此外，由于需求疲软，预计RH的销售额将比预期低3%，而产品成本上升和运营效率降低可能会导致利润率进一步缩水。
值得注意的是，美国银行还指出RH的净债务和杠杆率现在被认为是"更大的风险"。这一系列负面因素叠加，导致投资者信心受挫。截至上一交易日收盘，RH股价今年以来已累计下跌约62%，凸显出市场对该公司前景的持续担忧。此次评级下调和股价暴跌无疑将进一步加剧这种忧虑情绪。
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.