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Restoration Hardware Proves It Pays To Bet On Wealthy Consumers: StockTwits

A few analysts got an early start on hiking targets. Goldman Sachs analyst Matthew J. Fassler raised his price target to $14 to $88 before the open Thursday. He cited Restoration's expanding margins as a key reason for the higher target.

Goldman Sachs Comments on Restoration Hardware's ($RH) Q1; PT Raised to $88 http://stks.co/p0QPu ? SIAnalystWire (@AnalystWire) Jun. 12 at 07:28 AM

$RH Restoration Hardware reported strong Q1 results, says Wells Fargo $WFC - its price target range on the shares to $85-$88 from $82-$85 ? Timothy Kelleher (@TimKelleherCorp) Jun. 12 at 07:29 AM

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At the time of publication, the author held no positions in any of the stocks mentioned.

This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.

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