KeyBanc analyst Bradley Thomas raised the firm’s price target on Tempur Sealy (TPX) to $74 from $70 and keeps an Overweight rating on the shares. The firm continues to view Tempur Sealy as one of its top picks, supported by the potential for share gains, an industry recovery, and long-term synergies from the Mattress Firm transaction.
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Read More on TPX:
- Tempur Sealy Becomes Somnigroup After Major Acquisition
- M&A News: Mattress Firm Tempur Sealy Completes $5 Billion Deal and Then Changes Name
- William Blair upgrades Tempur Sealy on continued market share gains
- Tempur Sealy to change name to Somnigroup, ticker to ‘SGI’
- Tempur Sealy upgraded to Outperform from Market Perform at William Blair