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Tempur Sealy price target raised to $78 from $67 at UBS

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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