Piper Sandler Maintains Neutral on Sleep Number, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has maintained a Neutral rating on Sleep Number (NASDAQ:SNBR) but has lowered the price target from $16 to $12.
October 31, 2024 | 1:02 pm
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Sleep Number but reduced the price target from $16 to $12, indicating a less optimistic outlook.
The reduction in price target from $16 to $12 by Piper Sandler suggests a less favorable view on Sleep Number's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100