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Tempur-pedic International Inc (TPX) [hlAlert]

Rating:
Buy TPX
up 135.13 %

Tempur-pedic International Inc (TPX) rated Buy

Posted on: Friday,  Sep 14, 2007  11:25 AM ET by First Albany

First Albany rated Buy Tempur-pedic International Inc (NYSE: TPX) on 09/14/2007. Previously First Albany rated Buy Tempur-pedic International Inc (NYSE: TPX) on
07/20/2007., when the stock price was $31.39. Since then, Tempur-pedic International Inc has gained 135.14% as of 01/15/2016's recent price of $73.81.
If you would have followed the previous First Albany's recommendation on TPX, you would have gained 135.13% of your investment in 3101 days.

Tempur-Pedic International Inc. (Tempur-Pedic International) is a manufacturer, marketer and distributor of mattresses and pillows. The Company sells its products in approximately 80 countries primarily under the TEMPUR and Tempur-Pedic brands. It operates through two business segments: Domestic and International. The Domestic operating segment consists of the Company?s United States manufacturing facilities, whose customers include its United States distribution subsidiary and certain third-party distributors in the Americas. The International segment consists of the Company?s manufacturing facility in Denmark, whose customers include all of its distribution subsidiaries and third-party distributors outside the Domestic segment. Tempur-Pedic International sells its mattresses and pillows through four distribution channels in each operating business segment: Retail, Direct, Healthcare and Third party.

Broadpoint Gleacher Securities Group (formerly Broadpoint Securities and before that, First Albany Companies) provides investment banking, debt capital markets services, and equity research to institutional clients in the US and Europe. Subsidiary Broadpoint DESCAP sells and trades mortgage-related and asset-backed securities. FA Technology Ventures provides venture capital to high-tech US firms. In 2009 Broadpoint Securities acquired Gleacher Partners, a firm best known for its mergers and acquisitions advisory practice, and added Gleacher to its name.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/14/2007 11:25 AM Buy
None
33.71 40.00
as of 8/27/2015
1 Week down  -2.70 %
1 Month up  11.95 %
3 Months up  24.05 %
1 YTD up  36.78 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/20/2007 9:25 AM Buy
None
31.39 36.00

(*) Stock Price at the time of the recommendation.
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