Oppenheimer Reiterates an 'Outperform' on Tempur-Pedic (TPX); Meeting with Mgmt Confirms Belief
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Price: $68.78 --0%
Rating Summary:
12 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
Rating Summary:
12 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 21 | New: 20
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Oppenheimer reiterates an 'Outperform' on Tempur-Pedic (NYSE: TPX) price target of $92.00.
Oppenheimer analyst, said, "Our recent meeting with Tempur-Pedic management confirmed our belief that the company has baked a fair amount of conservatism into its guidance on a number of fronts, thus providing potential upside to numbers."
Oppenheimer raises FY12 EPS estimate from $3.95 to $4.00 and FY13 from $4.70 to $4.80.
For an analyst ratings summary and ratings history on Tempur-Pedic click here. For more ratings news on Tempur-Pedic click here.
Shares of Tempur-Pedic closed at $82.30 yesterday.
Oppenheimer analyst, said, "Our recent meeting with Tempur-Pedic management confirmed our belief that the company has baked a fair amount of conservatism into its guidance on a number of fronts, thus providing potential upside to numbers."
Oppenheimer raises FY12 EPS estimate from $3.95 to $4.00 and FY13 from $4.70 to $4.80.
For an analyst ratings summary and ratings history on Tempur-Pedic click here. For more ratings news on Tempur-Pedic click here.
Shares of Tempur-Pedic closed at $82.30 yesterday.
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