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March 5, 2013
07:21 EDTSCSSSelect Comfort sell-off overdone, says Piper Jaffray
After Select Comfort issued a negative pre-announcement, Piper Jaffray thinks the company can correct its advertising issues in Q2. The firm thinks the company's long-term growth story remains intact, and it lowered its price target on the shares to $23 from $32 while maintaining an Overweight rating.
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