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Fly News Breaks for March 23, 2015
RH
Mar 23, 2015 | 09:10 EDT
Cowen believes Restoration Hardware should be bought ahead of Q4 results on Thursday, as they believe even if its guidance disappoints, its valuation may be supported by its long-term market share gain potential. The firm also sees larger store openings as a potential catalyst. Cowen reiterated its Outperform rating and $108 price target on Restoration Hardware sales.
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