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Shares of Mattress Firm (MFRM) Up Almost 4% Heading Into The Close

June 1, 2012 3:19 PM EDT Send to a Friend
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Price: $47.40 -1.43%

Rating Summary:
    9 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 26 | Down: 10 | New: 8
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Shares of Mattress Firm (Nasdaq: MFRM) are still holding steady, up 3.77% with less than an hour left in the trading week. The company is scheduled to report Q1 earnings after the close next Tuesday (June 5th) after the close. The consensus is $0.25 and $210.76 million.

Last night, after the close, Piper Jaffray initiated coverage on the stock with an 'Overweight' rating.

Also, today, Barclays maintained it's 'Overweight' rating, suggesting that its $0.24 Q1 estimate could prove to be conservative. Analyst, Robert S. Drbul expects Q1 revenues to be up 32.1% to $200.7 million.

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