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Fly News Breaks for April 13, 2015
ELUXY, WHR
Apr 13, 2015 | 09:17 EDT
Longbow's March survey results suggest Whirlpool's (WHR) and Electrolux's (ELUXY) core shipments were flat year-over-year. The firm reduced estimates for both based on a more challenging Brazil environment, the strong U.S. dollar, restructuring charges, and expectations for slower North American market growth.
News For WHR;ELUXY From the Last 2 Days
WHR
Mar 18, 2024 | 07:54 EDT
Loop Capital analyst David MacGregor keeps a Buy rating and $140 price target on Whirlpool, noting that while the outlook for the first half of the year is "tough", investors should start discounting improving demand as interest rates gradually decline. The valuation of 8-times expected 2024 EPS and 7-times on enterprise value to expected EBITDA basis is "reflective of exaggerated negative sentiment", the analyst tells investors in a research note.