UPDATE: Goldman Sachs Raises PT on Ethan Allen Despite Lower Sales Forecasts
May 21, 2013 at 11:54 AM EDT
In a report published on Monday, Goldman Sachs analyst Matthew Fassler maintained a Sell rating on Ethan Allen (NYSE: ETH ) but raised the 12 month price target from $24.00 to $26.00. In the report, Goldman Sachs pointed out, "During the March quarter, ETH experienced a soft top line due in