This deal has ended.
Normally priced around $200, Target.com has this European-Style Futon for $149.99. Through 3/22, their 15% off select furniture promotion cuts the price to $127.49, plus use this $5 off $50 coupon to drop that to $122.49. Shipping adds $38. It's built on a powder-coated metal frame and has three adjustable positions.