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Fly News Breaks for June 9, 2017
SCSS
Jun 9, 2017 | 06:19 EDT
Piper Jaffray analyst Peter Keith raised his price target for Select Comfort to $37 ahead of the company's appearance at its Consumer Conference on June 14. The analyst sees deferred revenue recognition of SleepIQ sales adding 1% to comps and 10c of earnings per share in 2017. He believes 2017 and 2018 earnings estimates look conservative and keeps an Overweight rating on the shares.
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