Restoration Hardware Holdings Shares Are Poised To Go Higher, Says William Blair

In a research note released this morning, William Blair reiterated coverage on Restoration Hardware Holdings, Inc. (RH) with an Outperform rating.

According to Willaim Blair analyst Daniel Hofkin, RH is poised to appreciate materially on the strong quarterly results and increased guidance. While this stock move may reduce the valuation opportunity somewhat relative to recent levels, the analyst remains quite positive on this early-stage high-growth story and believes that estimates likely remain conservative.

According to TipRanks, which measures analysts and bloggers success rate based on how their calls perform, analyst Daniel Hofkin, who covers RH, has a one-year average return of -2.7% and a 67% success rate.

RH Chart

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