Wedbush Reiterates Outperform on Tempur Sealy Intl, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham has reiterated an Outperform rating on Tempur Sealy International (NYSE:TPX) and maintained a price target of $50.
December 13, 2023 | 2:00 pm
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Wedbush analyst Seth Basham reaffirmed an Outperform rating on Tempur Sealy Intl with a price target of $50, indicating a positive outlook on the stock.
The reiteration of an Outperform rating by a prominent analyst like Seth Basham suggests a strong conviction in the company's future performance. Maintaining a $50 price target indicates that the analyst believes the stock has the potential to reach or exceed this value in the short term, which could positively influence investor sentiment and the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100