UBS Maintains a 'Buy' on Mattress Firm Holding Corp. (MFRM); Comfort of Several Favorable Factors

UBS maintains a 'Buy' on Mattress Firm Holding Corp. (NASDAQ: MFRM) price target raised from $36 to $39.

UBS analyst said, "MFRM is at the crossroads of several favorable factors: Who would have ever thought mattresses would become so in vogue? While we don’t know if this product category has made a fashion mark yet, we believe trends have looked good over t.he last few months, providing a nice lift for Mattress Firm...Our 4Q11 EPS est is $0.17 (vs. $0.19 consensus), but our EBIT estimate is ahead...Either way, the company is on a good path for 2012. Our 4Q EBIT estimate is $11.2 mm vs. cons. of $10.9 mm."

For an analyst ratings summary and ratings history on Mattress Firm Holding Corp. click here. For more ratings news on Mattress Firm Holding Corp. click here.

Shares of Mattress Firm Holding Corp. closed at $34.85 yesterday.

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