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January 25, 2013
06:49 EDTSCSSSelect Comfort weakness a buying opportunity, says Piper Jaffray
Piper Jaffray recommends using the post-earnings pullback in shares of Select Comfort as a buying opportunity. Piper believes the company's guidance sets up for beat-and-raise potential in 2013 and maintains an Overweight rating on the stock, despite lowered its price target for shares to $32 from $36.
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