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Fly News Breaks for May 11, 2017
RH
May 11, 2017 | 12:13 EDT
KeyBanc said RH remains a favorite idea, with a long-term growth story and a positive inflection underway in fundamentals. The firm's analyst was encouraged by 23% sales growth, beating guidance of 16-20%, and remains enthusiastic about trend improvements. KeyBanc rates RH an Overweight with a $62 price target.
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