Temple & Webster Group (OTCMKTS:TPLWF) Downgraded to Hold at Canaccord Genuity

Canaccord Genuity downgraded shares of Temple & Webster Group (OTCMKTS:TPLWF) from a buy rating to a hold rating in a research note released on Wednesday morning, The Fly reports.

Separately, Goldman Sachs Group initiated coverage on Temple & Webster Group in a research note on Thursday, July 9th. They set a buy rating on the stock.

Shares of OTCMKTS TPLWF opened at $5.60 on Wednesday. Temple & Webster Group has a 12-month low of $2.15 and a 12-month high of $5.60.

About Temple & Webster Group

Temple & Webster Group Ltd engages in the online retail of furniture, homewares, and other lifestyle products in Australia. The company operates an open e-commerce platform that offers approximately 150,000 products, including rugs, bar stools, coffee tables, and office furniture under the Temple & Webster brand.

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