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Fly News Breaks for February 14, 2020
Feb 14, 2020 | 07:40 EDT
Wedbush analyst Seth Basham raised his price target for Tempur Sealy to $110 from $100 and keeps an Outperform rating on the shares following the company's Q4 results, which handily topped consensus expectations while also issuing 2020 EBITDA guidance that surpassed expectations at the high end. While some see the company's wide EBITDA guidance range as indicative of a high level of uncertainty, the analyst thinks the high end could be achieved.
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