Wedbush raised the firm’s price target on Sleep Number to $37 from $27 and keeps a Neutral rating on the shares. While Q4 top and bottom-line results were no surprise following the company’s pre-announcement in late January, guidance for 2023 appears conservative given encouraging year-to-date trends, the firm says.
Published first on TheFly
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- Sleep Number says experiencing early signs of improvement in business in 2023
- Sleep Number sees FY23 EPS $1.25-$2.00, consensus $1.76
- Sleep Number reports Q4 EPS (24c), consensus (22c)
- Sleep Number price target raised to $35 from $26 at Piper Sandler
- Sleep Number reports preliminary FY22 EPS $1.60, consensus $1.71
