Wedbush Downgrades Tempur Sealy Intl to Neutral, Announces $52 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Seth Basham has downgraded Tempur Sealy Intl (NYSE:TPX) from Outperform to Neutral, setting a price target of $52.
September 04, 2024 | 3:37 pm
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Wedbush analyst Seth Basham downgraded Tempur Sealy Intl from Outperform to Neutral, with a new price target of $52. This suggests a more cautious outlook on the stock's performance.
The downgrade from Outperform to Neutral by a reputable analyst like Seth Basham at Wedbush indicates a less optimistic view on Tempur Sealy's short-term performance. The $52 price target suggests limited upside potential, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100