UPDATE: Stifel Lowers PT on Select Comfort Following Weak September Traffic
October 17, 2013 at 12:02 PM EDT
In a report published Thursday, Stifel analyst John Baugh reiterated a Buy rating on Select Comfort Corporation (NASDAQ: SCSS ), but lowered the price target from $30.00 to $25.00. In the report, Stifel noted, “Q3 sales of $264 million were up only 7% versus our $277 million up 12% estimate.
