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Fly News Breaks for December 22, 2015
SCSS
Dec 22, 2015 | 06:21 EDT
Piper Jaffray analyst Peter Keith downgraded Select Comfort to Neutral on concerns that issues with the company's ERP software implementation will negatively impact Q4 and early 2016 sales trends. An analysis of social media suggests a sharp increase in negative posts year-over-year, Keith tells investors in a research note. He cut his price target for shares to $22 from $27.
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