Tempur Sealy (TPX) Updates on Outlook; Sees Q3 Sales Below Prior Expectations
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UBS Starts Tempur Sealy (TPX) at Neutral
September 29, 2016 6:56 AM EDTUBS 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 EDTLongbow 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.
... MoreWedbush Cuts Price Target on Tempur Sealy (TPX) to $55; Reiterates Neutral
September 28, 2016 7:02 AM EDTWedbush maintained a Neutral rating on Tempur Sealy (NYSE: TPX), and cut the price target to $55.00 (from $71.00), following the company's investor conference. TPX reduced FY16 sales growth guidance by 4 percentage points at the midpoint to (1%)-(3%) from +lsd, and reduced FY16 EBITDA guidance by ~5% at the midpoint to $500-$525m from $525-$550m.
Analyst Seth Basham commented, "Ahead of an... More
