UPDATE: Stifel Nicolaus Cuts PT to $35 on Select Comfort Corporation on December Sales Challenges
Posted on January 25, 2013 at 13:42 PM EST
Stifel Nicolaus reiterated its Buy rating on Select Comfort Corporation (NASDAQ: SCSS ) and lowered the price target from $42.00 to $35.00. Stifel Nicolaus commented, "The big story was a sales drop off in the last two weeks of December which was described by management as “unexpected and abrupt.” Management