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Fly News Breaks for October 19, 2015
RH
Oct 19, 2015 | 08:49 EDT
Cowen said shares of Restoration Hardware are inexpensive relative to high-growth peers and offer an attractive risk/reward. The firm expects further market share gains, expansion into new product categories, scalable infrastructure and robust direct offerings. Cowen reiterated its Outperform rating and raised its price target to $112 from $108 on Restoration Hardware shares.
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