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Fly News Breaks for August 22, 2017
TPX
Aug 22, 2017 | 07:14 EDT
As noted earlier, Stifel upgraded Tempur Sealy to Buy from Hold. Analyst John Baugh says he's surprised how quickly the company has recovered from the loss of its deal with Mattress Firm , as Tempur Sealy's margins are exceeding expectations and its direct business is growing more quickly than expected, according to Baugh. The analyst says that Tempur Sealy is taking share. Target to $80 from $60.
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