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Fly News Breaks for November 14, 2019
SWK
Nov 14, 2019 | 08:22 EDT
Buckingham analyst Robert Barry raised his price target for Stanley Black & Decker to $157 from $150 after meeting with management earlier this week, saying the overall tone of the meetings was positive, underpinned by what sounds like strong momentum at Craftsman, lots of potential upside/unforeseen-headwind-mitigation from margin self-help, some emerging tailwinds from lower commodities, and signs of slow-but-steady top line and margin progress in Security. The analyst maintains a Neutral rating.
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