Tempur Sealy International Inc (NYSE: TPX) is progressing to close the Mattress Firm acquisition this year.
The Lexington, Kentucky-based company has emerged as a “dominant” player in the mattress industry and its multi-year growth outlook is “becoming highly attractive to long-term investors,” according to Piper Sandler.
The Tempur Sealy International Analyst: Peter Keith upgraded the rating for Tempur Sealy International from Neutral to Overweight, while raising the price target from $41 to $61.
The Tempur Sealy International Thesis: The company is likely to ...