Keybanc Maintains Overweight on Tempur Sealy Intl, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Bradley Thomas maintains an Overweight rating on Tempur Sealy Intl (NYSE:TPX) but lowers the price target from $50 to $48.
November 03, 2023 | 11:34 am
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Tempur Sealy Intl's price target has been lowered from $50 to $48 by Keybanc, though the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that the stock is still expected to outperform. This mixed signal could lead to short-term uncertainty and potential downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100