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Fly News Breaks for December 8, 2015
MFRM
Dec 8, 2015 | 08:39 EDT
UBS believes market consolidation opportunities should drive the multiple for Mattress Firm. UBS also thinks the company should continue to see solid bottom-line growth as it progresses further in its integration efforts following its Sleepy's acquisition. The firm reiterated its Buy rating and $57 price target on Mattress Firm shares.
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