Sleep Number Corporation (SNBR) Misses Q1 EPS by 4c, Miss on Revenues

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Sleep Number (SNBR) PT Lowered to $25 at BofA/Merrill Lynch

April 19, 2018 9:05 AM EDT

BofA/Merrill Lynch lowered its price target on Sleep Number (NASDAQ: SNBR) to $25.00 (from $27.00) while maintaining an Underperform rating following lower than expected results in 1H18.

Analyst Curtis Nagle remains cautious on a 2nd-half ramp.

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