As reported earlier, RBC Capital analyst Mike Dahl downgraded Whirlpool to Sector Perform from Outperform and lowered his price target to $146 from $176 after its Q2 earnings miss. The analyst says he previously anticipated "industry price discipline across North America allowing for both growth and margin improvement" as part of his bullish view, but is now more concerned with the pace of market share loss in North America and Europe, as well as higher than expected operational challenges. Dahl adds that the company must now struggle to find the right balance of price / volume while also dealing with rising raw material inflation.