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Fly News Breaks for June 23, 2017
RH
Jun 23, 2017 | 07:06 EDT
Deutsche Bank analyst Adam Sindler upgraded RH to Buy from Hold as he believes there will be less revenue pull forward from its current inventory correction actions than is expected and he thinks the company, and the bulls, will continue to buy shares on any pull back, driving down its share count. Sindler raised his price target on the parent of Restoration Hardware to $66 from $45.
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