Jefferies Starts Mattress Firm Holding Corp. (MFRM) at Buy

Jefferies initiates coverage on Mattress Firm Holding Corp. (NASDAQ: MFRM) with a Buy rating and a price target of $56.00.

Analyst John Marrin said, "This is a "best-in-class" retailer that we believe will extend its leadership in the mattress sub-sector of home furnishings over time. This is a unit-growth story in the traditional sense, and one that we really like because of stellar new store economics and a below-average threat of show-rooming and retail disintermediation."

For an analyst ratings summary and ratings history on Mattress Firm Holding Corp. click here. For more ratings news on Mattress Firm Holding Corp. click here.

Shares of Mattress Firm Holding Corp. closed at $47.76 yesterday.

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