Analysts at Stephens take their rating on Tempur-Pedic (TPX) down to Equal Weight from...

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

Analysts at Stephens take their rating on Tempur-Pedic (TPX) down to Equal Weight from Overweight and clip $17 from their price target to take it down to $73 on concerns over the hyper-competitive pricing atmosphere in the sector. Last week, shares of TPX cratered on a tepid full-year earnings forecast, taking down rivals a few notches in the process.