UBS raised the firm’s price target on Tempur Sealy (TPX) to $78 from $67 and keeps a Buy rating on the shares. Tempur Sealy has been cleared to move forward with its acquisition of Mattress Firm, the analyst tells investors. This should be a positive catalyst, and UBS still sees further upside potential ahead.
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Read More on TPX:
- Tempur Sealy upgraded to Outperform from Neutral at Wedbush
- Tempur Sealy price target raised to $76 from $65 at Piper Sandler
- Tempur Sealy price target raised to $70 from $66 at KeyBanc
- Tempur Sealy price target raised to $69 from $63 at Truist
- Tempur Sealy price target raised to $67 from $60 at BofA