Piper Sandler analyst Peter Keith lowered the firm’s price target on Leggett & Platt to $9 from $10 and keeps a Neutral rating on the shares following Q2 results, which saw a slight miss with a reiteration to 2025 guidance. Despite improvement during Q2 for the Mattresses and Furniture industry backdrop, Leggett’s volume trends got worse in both Bedding and Furniture, Flooring and Textiles, the firm notes.
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