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Herman Miller: Cautiously Bullish, But Still Looking For A Catalyst

2015-12-22 15:31:24| Furniture - Topix.net

MLHR has been rangebound for over two years, as decent operating growth has provided some optimism, but macro fears and weakness in the consumer business have added some caution. That Consumer business likely needs to stabilize, at least, to create a path towards multiple expansion and boost the stock through long-held resistance around $32.

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