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Fly News Breaks for February 25, 2016
RH
Feb 25, 2016 | 07:50 EDT
UBS lowered its price target on Restoration Hardware to $55 from $105 following the company's Q4 preannouncement. The firm cited execution shortfalls and a pullback by affluent shoppers due to the financial market volatility. UBS maintained its Buy rating on Restoration Hardware shares, as they expect a stabilization of its macro challenges and an improvement in its execution.
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