Tempur-Pedic International, Inc. (TPX) Tops Q1 EPS by 4c; Guides In-Line
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Wedbush Raises Tempur-Pedic (TPX) to Outperform on New Products Response
May 2, 2014 7:37 AM EDTWedbush upgraded Tempur-Pedic (NYSE: TPX) from Neutral to Outperform with a price target of $70.00 (from $48.00). Analyst Joan Storms noted positive initial response to new products.
"Upgrading TPX to OP based upon confirmation of positive retailer response to new products for TPX-NA, which was our thesis for the trigger point on the stock," said Storms.
"We had been positive on the new... More
