Sleep Number Corporation (SNBR) Tops Q2 EPS by 35c, Revenues Beat
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Go back to Sleep Number Corporation (SNBR) Tops Q2 EPS by 35c, Revenues Beat
July 16, 2020 9:24 AM EDT
Piper Sandler analyst Peter Keith raised the price target on Sleep Number (NASDAQ: SNBR) to $70.00 (from $65.00) while maintaining an Overweight rating.
The analyst commented, "We reiterate our OW and raise our PT to $70 (20x 2021E EPS) following Q2 earnings as results confirmed... More
July 16, 2020 7:19 AM EDT
Raymond James analyst Bobby Griffin reiterated a Market Perform rating on Sleep Number (NASDAQ: SNBR) following the company's 2Q earnings report. EPS of $(0.45) beat the $(0.61) consensus. Sales decreased ~20% y/y to ~$285 million, above the consensus of $251 million.
Reflecting the better than anticipated recovery,... More
July 15, 2020 11:32 AM EDT
BofA Securities analyst Curtis Nagel raised the price target on Sleep Number (NASDAQ: SNBR) to $28.00 (from $24.00) while maintaining a Underperform rating, citing the regaining of sales productivity, online sales' impact on growth, demand from repeat and referral customers, cost cuts and revamping, commentary on capital allocation, and expectations on 2H store growth. The firm remains... More
