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Fly News Breaks for October 9, 2018
WHR
Oct 9, 2018 | 07:01 EDT
JPMorgan analyst Michael Rehaut downgraded Whirlpool to Neutral and lowered his price target for the shares to $122 from $165. The analyst expects a "continued tepid housing recovery" and moderating home price appreciation to result in softer repair/remodel demand growth next year. U.S. appliance industry shipments have remained weak in recent months, which drive downside risk to Whirlpool's 2018 industry growth outlook as well as its North America margins, Rehaut tells investors in a research note.
News For WHR From the Last 2 Days
WHR
Apr 24, 2024 | 16:06 EDT
WHR
Apr 24, 2024 | 16:05 EDT
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%.
