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@ Layer3.news
2025-02-24 00:44:48
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SOMNIGROUP PRICE TARGET RAISED TO $75 FROM $72 AT TRUIST
https://media.zenfs.com/en/tipranks_452/1b9131ec06b99e804b295e9096b61833
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✍️ Truist analyst Keith Hughes raised the price target on Somnigroup to $75 and maintains a Buy rating, citing strong quarterly earnings and international sales.
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👉 Somnigroup reported strong quarterly earnings
👉 Improved domestic wholesale business and international sales
👉 Increased quarterly dividend by 15%
👉 Truist analyst Keith Hughes maintains a Buy rating and raises price target to $75
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#KeithHughes #business
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