UBS Maintains a 'Buy' on Mattress Firm Holding (MFRM); Many Ways to Win
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Price: $64.02 --0%
Rating Summary:
3 Buy, 8 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 9 | New: 24
Rating Summary:
3 Buy, 8 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 9 | New: 24
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UBS maintains a 'Buy' on Mattress Firm Holding (NASDAQ: MFRM) price target raised from $30 to $36.
UBS analyst says, "MFRM is well positioned to benefit from favorable industry dynamics: Typically, when an industry is undergoing transformation, especially if it is driven by innovation, it can lead to stellar investment opportunities. Examples of these situations span from the introduction of flat panel televisions to the innovation that has occurred in the sporting goods category. Often times, playing the trend through an investment in the retailer is the best approach since it is agnostic to which vendor succeeds. We believe this is the case with MFRM at this point...In ’12, mattress units are expected to increase ~2% driving a 5% sales gain."
For an analyst ratings summary and ratings history on Mattress Firm Holding click here. For more ratings news on Mattress Firm Holding click here.
Shares of Mattress Firm Holding closed at $31.89 yesterday.
UBS analyst says, "MFRM is well positioned to benefit from favorable industry dynamics: Typically, when an industry is undergoing transformation, especially if it is driven by innovation, it can lead to stellar investment opportunities. Examples of these situations span from the introduction of flat panel televisions to the innovation that has occurred in the sporting goods category. Often times, playing the trend through an investment in the retailer is the best approach since it is agnostic to which vendor succeeds. We believe this is the case with MFRM at this point...In ’12, mattress units are expected to increase ~2% driving a 5% sales gain."
For an analyst ratings summary and ratings history on Mattress Firm Holding click here. For more ratings news on Mattress Firm Holding click here.
Shares of Mattress Firm Holding closed at $31.89 yesterday.
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