Tempur Sealy (TPX) Reports In-Line Q4 EPS, Sales Miss
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Piper Jaffray Cuts Price Target on Tempur Sealy (TPX) Following Rough 4Q Results
February 5, 2016 9:20 AM ESTPiper Jaffray maintained an Overweight rating on Tempur Sealy (NYSE: TPX), and cut the price target to $74.00 (from $85.00), following the company's 4Q earnings report. Reported EPS of $0.99 was in-line with Piper Jaffray's estimates. Total sales of $767M missed the estimated $787M, and analysts believe ~$10M of the miss can be attributed to... More
