Tempur Sealy price target raised to $48 from $33 at BofA

BofA analyst Curtis Nagle raised the firm’s price target on Tempur Sealy to $48 from $33 and keeps a Buy rating on the shares. Nagle expects Tempur Sealy to continue to grow above the industry in the U.S. and sees international markets as the next large source of revenue expansion, the analyst tells investors in a research note.