KeyBanc Analysts Confirm Buy on Lumber Liquidators

New York, NY, May 5, 2009--KeyBanc analysts have reiterated their 'Buy' rating on hardwood flooring firm Lumber Liquidators.

Their price target has been raised to $18 from $15.

The firms said it is becoming more positive on the housing outlook for the second half of this year and 2010. It has also raised its outlook for same store sales for Lumber Liquidators.