Goldman Sachs Starts Tempur-Pedic (TPX) at Neutral
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Price: $68.78 --0%
Rating Summary:
12 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 12 | New: 19
Rating Summary:
12 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 12 | New: 19
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Goldman Sachs initiates coverage on Tempur-Pedic (NYSE: TPX) with a Neutral rating and 6-month price target of $66.
The firm is positive on the long-term earnings trajectory. However, TPX is at a relatively mature point in its growth cycle and they said investors should wait for a more favorable risk/reward.
For more ratings news on Tempur-Pedic click here and for the rating history of Tempur-Pedic click here.
Shares of Tempur-Pedic closed at $62.81 yesterday.
The firm is positive on the long-term earnings trajectory. However, TPX is at a relatively mature point in its growth cycle and they said investors should wait for a more favorable risk/reward.
For more ratings news on Tempur-Pedic click here and for the rating history of Tempur-Pedic click here.
Shares of Tempur-Pedic closed at $62.81 yesterday.
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