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ubs raises tempur sealy stock target to seventy eight dollars

UBS has raised its price target for Tempur Sealy International Inc. to $78, maintaining a Buy rating, citing strong stock momentum and strategic initiatives that could enhance earnings. The company is focused on refining retail operations at Mattress Firm and is expected to exceed synergy targets post-acquisition, with analysts projecting significant growth in earnings per share. Recent financial results show a 2% increase in net sales to $1.3 billion and a 14% rise in GAAP EPS to $0.73 in Q3 2024, indicating robust performance.
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United States Dollar Piper Sandler Cos Bofa Securities Inc. Truist Securities Inc. Dreams Quest USD Tempur Sealy International Inc Keybanc Capital Markets Inc. USA GBR Atul Maheswari Show more
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