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Wedbush Cuts Price Target on Tempur Sealy (TPX) to $55; Reiterates Neutral

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UBS Starts Tempur Sealy (TPX) at Neutral

September 29, 2016 6:56 AM EDT

UBS initiates coverage on Tempur Sealy (NYSE: TPX) with a Neutral rating and a price target of $60.00, saying improvement opportunities and stellar management balance industry risks.

Analyst Michael Lasser commented, "We see a wide range of potential outcomes for TPX's shares with the... More

Longbow Research Downgrades Tempur Sealy (TPX) to Neutral

September 28, 2016 7:06 AM EDT

Longbow Research downgraded Tempur Sealy (NYSE: TPX) from Buy to Neutral and removed its price target (prior $100.00).

For an analyst ratings summary and ratings history on Tempur Sealy click here. For more ratings news on Tempur Sealy click here.

Shares of Tempur Sealy closed at $74.45 yesterday.

... More

After-Hours Stock Movers 09/27: (SEED) (GALE) (CTAS) Higher; (GALT) (TPX) (NKE) Lower (more...)

September 27, 2016 5:28 PM EDT

Today's After-Hours Movers

Origin Agritech Limited (NASDAQ: SEED) 32.6% HIGHER; announced the company has entered into a definitive agreement to sell its proprietary China-based commercial corn seed production and distribution business for RMB 400 million (approximately USD $60 million) to Beijing Shihui Agricultural Development Co, Ltd.

Galectin Therapeutics Inc. (NASDAQ: GALT) 40% LOWER; announced topline results from NASH-FX, its Phase 2a clinical trial evaluating the efficacy, safety, and tolerability of GR-MD-02 in 30 nonalcoholic steatohepatitis (NASH) patients with advanced fibrosis. This exploratory, single site,... More

Tempur Sealy (TPX) Updates on Outlook; Sees Q3 Sales Below Prior Expectations

September 27, 2016 4:11 PM EDT

Tempur Sealy International, Inc. (NYSE: TPX) provided an update to its financial guidance for full year 2016 and sales trends in advance of its participation at a financial conference.

Tempur Sealy International, Inc. Chairman and CEO Scott Thompson commented, "Third quarter net sales are below our prior expectations. We currently expect net sales for the full year to be down 1 to 3 percent... More