Wedbush analyst Seth Basham maintained a Hold rating on Sleep Number (SNBR – Research Report) today and set a price target of $13.50. The company’s shares closed yesterday at $13.57.
Basham covers the Consumer Cyclical sector, focusing on stocks such as CarMax, Sleep Number, and Wayfair. According to TipRanks, Basham has an average return of 9.9% and a 48.88% success rate on recommended stocks.
Currently, the analyst consensus on Sleep Number is a Hold with an average price target of $13.25, implying a -2.36% downside from current levels. In a report released today, Piper Sandler also maintained a Hold rating on the stock with a $13.00 price target.
The company has a one-year high of $39.98 and a one-year low of $9.00. Currently, Sleep Number has an average volume of 562.2K.
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Sleep Number (SNBR) Company Description:
Sleep Number Corp. designs, manufactures, markets, and distributes beds, proprietary beds, and other sleep-related accessory products. It offers beds under the brand name Sleep Number. The company was founded by Robert Walker and JoAnn Walker in 1987 and is headquartered in Minneapolis, MN.
