Oppenheimer Reiterates Perform Rating on Tempur-Pedic International on Completed Sealy Acquisition
March 22, 2013 at 14:23 PM EDT
In a report published Friday, Oppenheimer analyst Joseph Altobello reiterated a Perform rating on Tempur-Pedic International (NYSE: TPX ). In the report, Altobello noted, “We are updating estimates for Tempur-Pedic (soon to be known as Tempur Sealy) to reflect the recently completed acquisition of Sealy Corp. As expected, the transaction