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Restoration Hardware Holdings, Inc. Message Board

  • nusaiba nusaiba Sep 20, 2013 1:10 PM Flag

    Wells Fargo initiated coverage on Restoration Hardware (NYSE: RH) with an Outperform rating and raised price target to $75 to $78.

    Wells Fargo initiated coverage on Restoration Hardware (NYSE: RH) with an Outperform rating and raised price target of $75 to $78.

    Analyst Matt Nemer said, "Restoration Hardware is a leading omnichannel home furnishings retailer with more than 70 design galleries, a large direct segment that drives 44% of sales, and a merchandising process that enables a highly unique assortment which is nearly 100% proprietary. Restoration is embarking on a new retail strategy that should unlock the value of i
    ts broadening merchandise offering and is accelerating square footage growth to the double digits next year

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RH
90.45+0.66(+0.74%)Apr 21 4:02 PMEDT