Analysis: Tempur Sealy International set for gains

|About: Tempur Sealy Internationa... (TPX)|By:, SA News Editor

Tempur Sealy International (TPX +2%) looks poised for accelerating sales in Europe, predicts Piper Jaffray.

Piper also sees momentum in the U.S. as new product line from Tempur resonate with consumers in H2.

The investment firm shifts its rating on TPX to Overweight from Neutral and boosts its price target to $56.