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Fly News Breaks for February 14, 2020
TPX
Feb 14, 2020 | 08:08 EDT
Loop Capital analyst Laura Champine raised her price target on Tempur Sealy to $100 after its Q4 earnings beat and positive comments on the growth of Tempur product from the management. The analyst expects growth of over 20% in the first 3 quarters of 2020 as Mattress Firm volume grows, but also keeps her Hold rating on the stock, saying its 17-times expected forward earnings valuation is pricing in the upside.
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