Seeking Alpha

Analyst love leads to all-time high for Mattress Firm Holding

  • Mattress Firm Holding (MFRM +0.5%) rolls to an all-time high as the analyst community continues to back the stock for more gains.
  • Nomura initiates coverage with a Buy rating.
  • Jefferies calls the mattress company a "best-in-class" retailer which should extend its leadership in the category Shares are initiated with a Buy rating.
  • Citigroup boosts its price target to $52.
Comments (1)
  • Philip Marlowe
    , contributor
    Comments (1047) | Send Message
     
    The furniture industry is doing ok lately. If you have been reading gov't reports, furniture was one of the very few sales categories that was not much affected by the cold. It seems like furniture and mattresses in particular is in a similar position to cars. Consumers delayed needed replacements while the economy is bad and now that the economy is improving, consumers are replacing them en masse. My stealth micro cap pick for furniture and mattresses - CFI.
    19 Mar, 01:31 PM Reply Like
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