KeyBanc Raises PT & Estimates on Mattress Firm Holding Corp. (MFRM) on Positive Industry Datapoints

KeyBanc maintains a 'Buy' on Mattress Firm Holding Corp. (NASDAQ: MFRM) price target raised from $37 to $44.

KeyBanc analyst said, "While we are maintaining our pro forma 4Q11 and 2011 EPS estimates of $0.19 and $0.96, respectively, we are raising our 2012 and 2013 estimates. Our 1Q12 estimate goes to $0.23 from $0.20. For the 2Q, our estimate goes to $0.34 from $0.32. Our 3Q estimate goes to $0.49 from $0.45, and our 4Q estimate goes to $0.28 from $0.26. As such, our 2012 estimate goes to $1.34 from $1.23. For 2013, our estimate goes to $1.68 from $1.55."

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 $37.76 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Deere (DE) PT Raised to $585 at JPMorgan
• Keefe, Bruyette & Woods Resumes Bank of Nova Scotia (BNS:CN) (BNS) at Outperform
• Keefe, Bruyette & Woods Resumes Canadian Imperial Bank of Commerce (CM:CN) (CM) at Market Perform