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Piper Sandler Reaffirms Their Hold Rating on Sleep Number (SNBR)

Tipranks - Tipranks - Fri Feb 13, 6:58AM CST

Piper Sandler analyst Peter Keith maintained a Hold rating on Sleep Number today and set a price target of $12.00.

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According to TipRanks, Keith is a 5-star analyst with an average return of 11.9% and a 56.94% success rate. Keith covers the Consumer Cyclical sector, focusing on stocks such as Wayfair, Somnigroup International, and Home Depot.

In addition to Piper Sandler, Sleep Number also received a Hold from UBS’s Daniel Silverstein in a report issued on February 6. However, on January 29, TipRanks – Anthropic reiterated a Sell rating on Sleep Number (NASDAQ: SNBR).

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Based on Sleep Number’s latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $342.88 million and a GAAP net loss of $39.79 million. In comparison, last year the company earned a revenue of $426.62 million and had a GAAP net loss of $3.14 million

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