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La-Z-Boy Stock Jumps 17%. How It Weathered Earnings Headwinds.
요약
La-Z-Boy stock was rallying on Wednesday after the weather caused the sun to shine on its earnings report as the furniture maker beat Wall Street’s fourth-quarter earnings target. KeyBanc analyst Bradley B. Thomas, who rates La-Z-Boy at Overweight with a $46 price target, said that the results could ease concerns about a spell of bad weather dragging down sales.