Restoration Hardware (RH) volatility elevated increases into Q2 and outlook

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Restoration Hardware (RH) PT Raised to $71 at Piper Jaffray Following 2Q

September 7, 2017 9:18 AM EDT

Piper Jaffray raised its price target on Restoration Hardware (NYSE: RH) to $71.00 (from $43.00) while maintaining a Neutral rating following the company's 2Q results. RH reported EPS of $0.65, handily beating the consensus estimate of $0.47.

Management raised full year EPS guidance meaningfully to $2.43-$2.67 compared to... More