Piper Sandler Upgrades Tempur Sealy Intl to Overweight, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Peter Keith has upgraded Tempur Sealy International (TPX) from Neutral to Overweight and increased the price target from $41 to $61.
January 18, 2024 | 10:47 am
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POSITIVE IMPACT
Tempur Sealy Intl's stock rating has been upgraded by Piper Sandler from Neutral to Overweight, with a price target boost from $41 to $61, indicating a positive outlook on the company's future performance.
Upgrades by analysts, especially from a reputable firm like Piper Sandler, can lead to increased investor confidence and a potential rise in stock price. The significant raise in the price target suggests a strong conviction in the company's growth prospects, which may attract more investors to the stock in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100