Research report: Design Within Reach 

Cowen & Co. analyst Lauren Cooks Levitan is maintaining a neutral rating for San Francisco-based Design Within Reach (DWRI) after reviewing third-quarter results reported last month and guidance for the fourth quarter and fiscal year 2008. The home furnishings firm has returned to profitability for the first quarter in two years, but Levitan said she maintains concerns about the home furnishings market and "limited visibility" into the company’s long-term earnings potential. "We believe management is making the right moves to create brand awareness beyond the core target market including the introduction of new product categories … and increased use of direct marketing," Levitan wrote Wednesday.

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