Select Comfort Corp. Downgraded to “Underperform” at Zacks (SCSS)
Select Comfort Corp. (NASDAQ:SCSS) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued to investors on Wednesday, American Banking News reports. They currently have a $15.90 target price on the stock. Zacks‘ price target points to a potential downside of 5.24% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Wedbush downgraded shares of Select Comfort Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, January 8th. They now have a $18.00 price target on the stock, down previously from $22.00. Separately, analysts at Longbow Research downgraded shares of Select Comfort Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Monday, January 6th. Finally, analysts at Stifel Nicolaus downgraded shares of Select Comfort Corp. from a “buy” rating to a “hold” rating in a research note to investors on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $22.15.
Select Comfort Corporation (NASDAQ:SCSS) is a bed manufacturer and retailer.
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