Credit Suisse analyst Susan Maklari lowered her price target on Stanley Black & Decker to $135 from $160 following the company's Q3 results, though maintains her positive outlook in spite of the increased near-term headwinds. In a research note to investors, Maklari says she believes Stanley is taking the "appropriate" steps to position itself for 2019, including the execution of a $250M cost savings plan and the pursuit of tariff-related price increases to offset an expected $200M headwind, which should allow for above-market organic target. Maklari remains positive on Stanley's long-term positioning and maintains an Outperform rating.