Mattress Firm initiated with a Buy at Citigroup Citigroup views the recent pullback in shares of Mattress Firm as a buying opportunity given the company's ability to take market share. The firm started shares with a Buy rating and $30 price target.
News For MFRM From The Last 14 Days
Check below for free stories on MFRM the last two weeks.
Mattress Firm spikes higher after results, guidance, first look The stock is up over 13% to $38.75 in the extended session following results and guidance that beat expectations. Next resistance is at $39.31. Support is at $37.60.
Mattress Firm backs 2014 adjusted EPS view $1.75-$1.83, consensus $1.77 Raises 2014 revenue view to $1.217B-$1.224B from $1.194B-$1.207B, consensus $1.20B. Raises SSS view to flat to low single-digit from flat. Raises 2014 new stores view to 140-150 from 130-140.