KeyBanc Reiterates a 'Buy/Top Pick' on Mattress Firm Holding Corp. (MFRM); Raising Number on Accelerating Trends
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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: 14 | New: 11
Rating Summary:
3 Buy, 8 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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KeyBanc reiterates a 'Buy' on Mattress Firm Holding Corp. (NASDAQ: MFRM) price target raised from $44 to $56.
Analyst, Bradley B. Thomas, said, "We continue to view the mattress sector as the most attractive in our coverage, benefiting from cyclical recovery of home-related spending, as well as secular tailwinds from innovation in the specialty category. Furthermore, MFRM remains positioned to drive top-line growth that is the highest in our 26-stock coverage for the foreseeable future. As a result, MFRM remains one of our top picks for 2012, and we are reiterating our rating."
FY12 EPS raised to $1.45 from $1.34, FY13 to $2.15 from $1.68.
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 $37.43 yesterday.
Analyst, Bradley B. Thomas, said, "We continue to view the mattress sector as the most attractive in our coverage, benefiting from cyclical recovery of home-related spending, as well as secular tailwinds from innovation in the specialty category. Furthermore, MFRM remains positioned to drive top-line growth that is the highest in our 26-stock coverage for the foreseeable future. As a result, MFRM remains one of our top picks for 2012, and we are reiterating our rating."
FY12 EPS raised to $1.45 from $1.34, FY13 to $2.15 from $1.68.
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 $37.43 yesterday.
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