By: Benzinga
UPDATE: Stifel Nicolaus Cuts PT to $35 on Select Comfort Corporation on December Sales Challenges
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
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