JPMorgan analyst Michael Rehaut views the 7% post-earnings pullback in shares of Stanley Black & Decker on Friday as unwarranted. The company offsetting $30M of incremental commodity inflation headwind mostly through price as well as cost, productivity and acquisition accretion represents a "solid positive," Rehaut tells investors in a research note. Further, he believes the integration and expected synergies from the 2017 acquisitions of Craftsman and Newell Tools "remain firmly on or ahead of schedule." The analyst lowered his price target for Stanley Black & Decker shares to $180 from $190 and keeps an Overweight rating on the shares.