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Fly News Breaks for September 10, 2018
RH
Sep 10, 2018 | 08:02 EDT
As previously reported, KeyBanc analyst Bradley Thomas upgraded RH to Overweight from Sector Weight, with a $166 price target. The analyst believes the pullback in shares presents a compelling buying opportunity given the long-term transformation of the gallery network and near-term margin and merchandising initiatives. Overall, he thinks valuation is compelling for one of the most dynamic growth companies he follows.
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