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Fly News Breaks for October 17, 2016
WHR
Oct 17, 2016 | 08:06 EDT
As previously reported, MKM Partners downgraded Whirlpool to Neutral from Buy and lowered its price target to $176 from $215. Analyst Megan McGrath lowered Whirlpool Q4 and 2017 estimates to reflect the rise in steel prices this year and no longer views shares as a bargain given this and potential foreign exchange headwinds.
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