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Fly News Breaks for December 12, 2016
WHR
Dec 12, 2016 | 08:22 EDT
BofA/Merrill analyst Denise Chai raised Whirlpool's price target to $230 from $215 and reiterated its Buy rating following the favorable US Department of Commerce final decision in the dumping case for washers manufactured in China against Samsung and LG, saying they are in violation of US and International trade law. Chai believes the ruling will result in a more rational pricing environment.
News For WHR From the Last 2 Days
WHR
Apr 24, 2024 | 15:20 EDT
Pre-earnings options volume in Whirlpool is 1.9x normal with calls leading puts 4:3. Implied volatility suggests the market is anticipating a move near 6.0%, or $6.38, after results are released. Median move over the past eight quarters is 3.8%.