Mattress Firm Holding Corp (NASDAQ:MFRM): After the company’s fourth quarter outlook came in far below expectations, Piper Jaffray said that they do not believe Mattress Firm Holding Corp. has any structural issues. Piper continues to expect that comp and earnings drivers from acquisitions should benefit Mattress Firm in 2013. The firm lowered their price target for shares from $44 to $34 and keeps an Overweight rating on the stock.
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Brinker International Inc. (NYSE:EAT): After Brinker International Inc. and Bloomin’ Brands fell due to Darden’s (NYSE:DRI) negative pre-announcement, Wells Fargo believes that Brinker and Bloomin’ are poised to generate same-store sales growth and higher margins in coming quarters. The firm maintains Outperform ratings on Brinker and Bloomin’ Brands.
LyondellBasell Industries NV (NYSE:LYB): Morgan Stanley said Apollo Management’s decision to sell another portion of their LyondellBasell Industries NV stake is a continuation of their pattern of selling small portions. The analyst thinks that LyondellBasell has an attractive free cash flow and dividend growth. Weakness is seen as a buying opportunity and shares are Overweight rated.