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Why Casper Sleep's Stock Is Surging Higher Today

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Why Casper Sleep's Stock Is Surging Higher Today

Casper Sleep Inc. (NYSE: CSPR) shares are trading higher after Wedbush upgraded the stock from Neutral to Outperform and raised its price target from $10 to $10.50 per share.

Casper Sleep is a provider of sleep products to consumers through various sales channels. The company operates in one segment within the United States, Canada and Europe. It distributes products through an e-commerce platform, plus more than fifty Casper retail stores.

Casper Sleep's stock is trading approximately 26% higher on Monday at the time of publication. The stock has a 52-week high of $10.97 and a 52-week low of $5.53.

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Latest Ratings for CSPR

DateFirmActionFromTo
May 2021Roth CapitalMaintainsBuy
Apr 2021WedbushUpgradesNeutralOutperform
Feb 2021Roth CapitalMaintainsBuy

View More Analyst Ratings for CSPR
View the Latest Analyst Ratings

 

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