Tempur Sealy upgraded to Overweight from Neutral at Piper Jaffray Piper Jaffray upgraded Tempur Sealy citing the company's accelerating international sales and new product line refresh. Piper raised its price target for shares to $56 from $50.
Tempur Sealy share gains likely to continue, says BofA/Merrill BofA/Merrill said Tempur's North American sales have been impressive and gained share in Q3. The firm expects Tumpur to report earnings growth above the industry for the next two years and sees further upside from greater-than-expected Sealy synergies and debt pay down. Shares are Buy rated with a $61 price target.