Lumber Liquidators (LL +2.6%) "has the potential to be one of the strongest growth stories in...

|About: Lumber Liquidators Holdings... (LL)|By:, SA News Editor

Lumber Liquidators (LL +2.6%) "has the potential to be one of the strongest growth stories in all of retail," Piper Jaffray says, raising its price target on the shares to $97 from $90. Among the catalysts analyst Peter Keith cites are "accelerated market share gains, improvement in operational efficiency, and a compelling new store format." SA contributor Jane Edmondson agrees, saying LL's growth story is still "very much intact." Note: Piper's estimate puts a 30x multiple on the firm's FY14 EPS estimate of $3.22 — consensus estimates have LL earning just $2.88 next year.