Leggett & Platt Inc T.LEG

Primary Symbol: LEG

Consumer Cyclical

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.

NYSE:LEG - Post by User

Leggett & Platt Inc > Who do YOU believe?

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Post by Bankorruptseeon Jan 12, 2015 6:39pm

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Post# 23311457

Who do YOU believe?

TD Securities
November 12, 2014
"Our target price reflects a base valuation of $7.70/share and..."

TD Securities
December 19, 2014
"Our target price reflects a base valuation of $2.05/share and..."

See how fast they can change that!

Five and a half dollars difference. 375% lowered guidance in 30 days.

In the Nov.12 analysis, they said glowing things about managable debt and "strong hedges".... In the Dec. 19 analysis, debt was going to kill LEG and they are "virtually unheged".

Now, who the hell do you believe? It's all rigged.

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