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Fly News Breaks for March 30, 2015
RH
Mar 30, 2015 | 05:42 EDT
Goldman Sachs upgraded Restoration Hardware to Buy saying it believes the retailer is well positioned for e-commerce and that its footage growth story is one of the best in the retail space. Goldman also views Restoration as well positioned to benefit from improving housing turnover and home prices. It raised its price target for shares to $114 from $106. The stock closed Friday up $3.78 from $96.92 after the company reported Q4 results last Thursday night.
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