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Fly News Breaks for June 26, 2015
RH
Jun 26, 2015 | 09:04 EDT
As previously reported, BB&T upgraded Restoration Hardware to Buy from Hold with a $120 price target. The firm's analyst is encouraged by the recent introduction of RH Modern and believes it will diversify and attract new customers. BB&T believes management's 2H 2015 revenue guidance will prove conservative and sees upside to estimates.
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