Casper Sleep Inc. 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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