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Investment analysts at Wedbush upped their price objective on shares of Mattress Firm Holding Corp (NASDAQ:MFRM) from $54.00 to $62.00 in a note issued to investors on Tuesday. Wedbush’s price objective would suggest a potential upside of 13.70% from the stock’s previous close.

MFRM has been the subject of a number of other recent research reports. Analysts at Jefferies Group raised their price target on shares of Mattress Firm Holding Corp from $56.00 to $65.00 in a research note on Tuesday. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Mattress Firm Holding Corp in a research note on Wednesday, July 9th. They now have a $57.00 price target on the stock, up previously from $53.00. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of Mattress Firm Holding Corp in a research note on Monday, June 16th. They now have a $50.00 price target on the stock, up previously from $48.00. One research analyst has rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $56.64.

In other Mattress Firm Holding Corp news, EVP Stephen G. Fendrich unloaded 2,500 shares of the stock on the open market in a transaction dated Friday, August 1st. The stock was sold at an average price of $46.49, for a total transaction of $116,225.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Mattress Firm Holding Corp (NASDAQ:MFRM) traded up 3.61% during mid-day trading on Tuesday, hitting $56.50. The stock had a trading volume of 219,839 shares. Mattress Firm Holding Corp has a 1-year low of $29.29 and a 1-year high of $56.65. The stock has a 50-day moving average of $47. and a 200-day moving average of $45.55. The company has a market cap of $1.928 billion and a price-to-earnings ratio of 38.43.

Mattress Firm Holding Corp (NASDAQ:MFRM) last released its earnings data on Tuesday, June 3rd. The company reported $0.38 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.36 by $0.02. The company had revenue of $333.50 million for the quarter, compared to the consensus estimate of $337.55 million. During the same quarter in the prior year, the company posted $0.38 earnings per share. The company’s quarterly revenue was up 20.8% on a year-over-year basis. Analysts expect that Mattress Firm Holding Corp will post $2.04 EPS for the current fiscal year.

Mattress Firm Holding Corp. (NASDAQ:MFRM), is a specialty retailer of mattresses and related products and accessories in the United States.

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