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Fly News Breaks for June 20, 2017
WHR
Jun 20, 2017 | 09:11 EDT
After marketing with Whirlpool's CFO, RBC Capital analyst Robert Wetenhall quotes the company as saying that "core..demand" in North America "remains strong," as its new products are enabling it to grow more quickly than the market. In Europe the company said that it anticipates Q2 volume growth that should help it regain market share lost due to SAP integration issues. The analyst expects the company to meet its long-term financial targets, enabling the stock to rise. He raised his price target to $226 from $216 and keeps an Outperform rating on the shares.
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