Wedbush Maintains Neutral on Sleep Number, Raises Price Target to $13.5
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham maintains a Neutral rating on Sleep Number (NASDAQ:SNBR) and raises the price target from $12 to $13.5.

February 23, 2024 | 1:24 pm
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Wedbush analyst Seth Basham maintains a Neutral rating on Sleep Number and raises the price target from $12 to $13.5.
The increase in the price target by Wedbush suggests a positive outlook on Sleep Number's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of some upward movement in SNBR's stock price, likely due to improved financial or operational performance indicators identified by the analyst.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100