Mattress Firm (MFRM) Tops Q1 EPS by 2c; Boosts FY14 Revs Outlook

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Mattress Firm (MFRM) PT Bumped at Piper Jaffray Despite 'Messy' Qtr

June 4, 2014 7:24 AM EDT

Piper Jaffray analyst Peter Keith reiterated an Overweight rating and bumped its price target on Mattress Firm Holding Corp. (NASDAQ: MFRM) to $52.00 (from $50.00) despite a "messy" Q1 on improving sales trends.

Keith commented, "We are maintaining our OW rating and increasing our PT... More