Leggett & Platt (LEG) Tops Q3 EPS by 1c, Revenues In-Line; FY17 EPS/Revenue Guidance Above Consensus

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Go back to Leggett & Platt (LEG) Tops Q3 EPS by 1c, Revenues In-Line; FY17 EPS/Revenue Guidance Above Consensus

Piper Jaffray Downgrades Leggett and Platt (LEG) to Neutral

October 30, 2017 1:06 AM EDT

Piper Jaffray downgraded Leggett and Platt (NYSE: LEG) from Overweight to Neutral with a price target of $46.00 (from $49.00).

Analyst Peter Keith is less positive on the equity following the Q3 report noting lingering structural challenges in bedding as innerspring units... More