Goldman Sachs Starts Tempur-Pedic (TPX) at Neutral
Tweet
Share
E-mailGet Alerts TPX Hot Sheet
Price: $68.78 --0%
Rating Summary:
12 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
12 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
- UBS Reiterates Buy Rating on NVIDIA (NVDA), Expects Q2 Revenue Beat
- JD.com (JD) Reiterated at Buy by Benchmark Amid Earnings Recovery
Create E-mail Alert Related Categories
New CoverageRelated Entities
Goldman Sachs, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
