By: Benzinga
December 05, 2012 at 13:43 PM EST
UPDATE: Wedbush Cuts PT to $30 on Mattress Firm on Disappointing Outlook
Wedbush reiterated its Outperform rating on Mattress Firm (NASDAQ: MFRM ) but reduced its price target from $36 to $30. Wedbush noted, "We maintain our OUTPERFORM rating given valuation, despite recent weakness in slowing traffic. Q3 was solid, yet the company has seen some slowing traffic into
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