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Raymond James: Steelcase A Strong Buy After Wednesday's 'Puzzling' Decline
Thursday, March 21, 2019 - 2:50pm | 385Office furniture maker Steelcase Inc. (NYSE: SCS) reported fourth-quarter results Tuesday that prompted a "puzzling" 14-percent decline in the stock Wednesday, according to Raymond James. The Analyst Raymond James' Budd Bugatch upgraded Steelcase from Outperform to Strong Buy...
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Bearish Analysts Discuss Williams-Sonoma's Strong Q4 Earnings
Thursday, March 21, 2019 - 1:28pm | 521Specialty retailer Williams-Sonoma, Inc. (NYSE: WSM) reported a better-than-expected fourth quarter report and encouraging guidance, but fell short of convincing three Street analysts to turn more positive on the stock. The Analysts Bank of America's Curtis Nagle maintains an Underperform...
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3 Key Reasons Credit Suisse Turns Bullish On Wayfair
Monday, January 28, 2019 - 5:11pm | 438After taking a closer look at several of the more prominent bear-bull debates surrounding Wayfair Inc (NYSE: W), Credit Suisse is confident to make the bullish case for the online home goods and furniture company. The Analyst Credit Suisse's Stephen Ju upgraded Wayfair from Neutral to...
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What The Street Is Saying After RH's Strong Q3 Print
Tuesday, December 4, 2018 - 2:41pm | 815Luxury home furnishing retailer RH (NYSE: RH), formerly known as Restoration Hardware, reported a blowout third-quarter earnings highlighted by a top-and-bottom line beat, an upward revision to management's fourth quarter and full year 2018 outlook, and encouraging 2019 guidance. On Tuesday...
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Wells Fargo: Street Estimates For RH Are Too Low, Valuation Doesn't Reflect Growth Outlook
Tuesday, November 27, 2018 - 4:48pm | 484If the economic cycle is near its peak, investors shouldn't be faulted for being lukewarm on luxury retailers including RH (NYSE: RH) — but a bullish case for the stock remains, according to Wells Fargo. The Analyst Analyst Zachary Fadem reinstated coverage of RH with...
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Wedbush: Unlike Many Retail Peers, RH Is 'Thriving'
Tuesday, October 23, 2018 - 3:36pm | 355Many home furnishing retailers are struggling, but RH (NYSE: RH) stands out as "thriving," according to Wedbush. The Analyst Wedbush's Seth Basham initiated coverage of RH with an Outperform rating and $145 price target. The Thesis RH stands out among its home furnishing retail group...
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RH's Retail Strategy, Recent Pullback Turn Stifel Bullish
Friday, October 12, 2018 - 2:58pm | 463RH (NYSE: RH)'s financial profile has meaningfully improved, according to Stifel. The Analyst Analyst John Baugh upgraded RH from Hold to Buy and raised the price target from $142 to $150. The Thesis RH’s strategy has been to increase retail square footage in an...
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Amazon's New Scout Business Sends Wayfair's Stock Lower
Wednesday, September 19, 2018 - 4:14pm | 380E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN)'s new business Scout appears to be a direct competitor to the online furniture retailer Wayfair Inc (NYSE: W). What Happened Amazon's Scout business shows furniture products that shoppers can "like" or "dislike" based on...
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KeyBanc: Buy The Dip In RH Shares
Monday, September 10, 2018 - 9:42am | 466Restoration Hardware Holdings, Inc (NYSE: RH) shares were sold off for three consecutive sessions following the release of its fiscal second-quarter results last week, with the negative sentiment blamed on a revenue miss. The Analyst KeyBanc Capital Markets analyst Bradley Thomas...
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La-Z-Boy Shows Strong Execution, But Has Balanced Risk-Reward, KeyBanc Says In Downgrade
Thursday, August 23, 2018 - 9:57am | 437La-Z-Boy Inc. (NYSE: LZB) shares surged 13 percent after the company reported better-than-expected first-quarter results Tuesday. The Analyst KeyBanc Capital Markets analyst Bradley B. Thomas downgraded La-Z-Boy from Overweight to Sector Weight. The Thesis Based on its strong...
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'Dramatic Improvements': Stifel Goes Full Bull On Conn's
Wednesday, July 11, 2018 - 11:16am | 360Furniture retailer Conn’s Inc (NASDAQ: CONN) shares saw a strong recovery in June that bulls expect to continue through the next year. The Rating Stifel Nicolaus analyst John Baugh upgraded Conn’s from Hold to Buy and raised the price target from $35 to $45. The Thesis...
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RH CEO: Warren Buffett Deserves Some Credit For Retailer's Turnaround
Friday, June 15, 2018 - 3:32pm | 360Home furniture retailer RH (NYSE: RH), formerly known as Restoration Hardware, took a page out of Warren Buffett's investment playbook, according to RH CEO Gary Friedman. Warren Buffett made billions by loaning capital at the height of the 2008 financial crisis to worthy companies that hit a...
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RH Surges 35% After Q1 Earnings: Here's What Wall Street Thinks
Tuesday, June 12, 2018 - 12:37pm | 684Shares of RH (NYSE: RH) were higher by more than 35 percent and hit a new all-time high of $164.28 Tuesday morning in reaction to a mixed first-quarter earnings report, but encouraging guidance. Here is a summary of what some of the Street's top analysts are saying after the print. The...
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Wayfair's Better-Than-Expected Q1 Turns BofA Bullish
Thursday, May 3, 2018 - 10:50am | 383Wayfair Inc (NYSE: W) first-quarter results affirm the company's status as a formidable player in the home goods space, according to Bank of America Merrill Lynch. The Analyst BofA's Akshay Bhatia upgraded Wayfair from Neutral to Buy with a price target lifted from $90 to $95...
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Morgan Stanley Says Wayfair Will Be Profitable, But Later Than Expected
Wednesday, April 25, 2018 - 10:52am | 435The bullish case for Wayfair Inc (NYSE: W) is based on the belief the online furniture retailer is building a large enough moat and can generate sufficient operating leverage to become highly profitable. Morgan Stanley projects that this will likely be the ultimate outcome for the company...