Список проголосовавших за комментарий " <table class="BriefingDataTable" border="0" cellspacing="0" cellpadding="0"><tr> <td class="tickerColumn"> </td> <td class="articleColumn">Restoration Hardware target raised to $45 at UBS following earnings (43.10 +5.10)UBS raises their RH tgt to $45 from $34. Given RH pre-announced its 4Q results, the focus was squarely on its outlook for '17. The company provided a wide EPS range of $1.78-$2.19 on a fairly tight sales range of $2.3-$2.4b. While this equates to a 5.8% OM at the mid-point (+100 bps YoY), the range of outcomes is probably wide. Also, adjusting for the ~260 bps of margin RH lost in FY'16 due to temporal factors, it implies its OM will be down -160 bps in FY'17. Though, this year, RH is investing in hospitality, its supply chain & will continue its SKU rationalization efforts in 1H. Adjusting for these factors could imply less OM contraction & slight EPS reduction YoY. While this would highlight some progress, questions still remain as to what will be the underlying margin growth once these one-time factors abate. Given these uncertainties, they prefer to remain on the sidelines at current levels</td> </tr></table>"