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2019-11-20 16:33:58
WHR
Whirlpool
$142.58
1.49 (1.06%)
16:33
11/20/19
11/20
16:33
11/20/19
16:33
Whirlpool initiated with a Hold at Deutsche Bank
Deutsche Bank initiated coverage of Whirlpool with a Hold rating.
WHRWhirlpool
$142.58
1.49 (1.06%)
09/26/19
JPMS
09/26/19 UPGRADETarget $172 JPMS Overweight
Whirlpool upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Michael Rehaut upgraded Whirlpool to Overweight from Neutral and raised his price target for the shares to $172 from $155.
09/26/19
JPMS
09/26/19 UPGRADETarget $172 JPMS Overweight
JPMorgan upgrades Whirlpool to Overweight, boosts price target to $172
JPMorgan analyst Michael Rehaut upgraded Whirlpool (WHR) to Overweight from Neutral and raised his price target for the shares to $172 from $155. The analyst expects U.S. industry shipments to be more stable year-over-year through the end of 2019 and show "modest" growth in 2020. Further, he thinks point to steel prices will remain "at bay" and that Whirlpool's European operations will "finally" turn a small profit in the second half of 2019. In addition, Rehaut views the stock's valuation as inexpensive. The analyst this morning also downgraded Beacon Roofing Supply (BECN) to Underweight from Neutral. His top picks in the Building Products sector remain Stanley Black & Decker (SWK) and Fortune Brands (FBHS).
09/26/19
09/26/19 UPGRADE
Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Square (SQ) upgraded to Outperform from Market Perform at Wells Fargo analyst Timothy Willi saying the company's fundamentals remain strong while investor sentiment is "overly negative and close to inflecting." 2. Whirlpool (WHR) upgraded to Overweight from Neutral at JPMorgan with analyst Michael Rehaut saying he expects U.S. industry shipments to be more stable year-over-year through the end of 2019 and show "modest" growth in 2020. 3. Boston Beer (SAM) upgraded to Outperform from Market Perform at BMO Capital with analyst Amit Sharma saying Truly is "primed to capture" strong consumer demand and higher distribution/shelf space for hard seltzer. 4. AbbVie (ABBV) upgraded to Buy from Neutral at Citi with analyst Andrew Baum saying he believes AbbVie will "extract significant shareholder value" from Allergan's (AGN) franchises given its "strong commercial focus and patient/physician centricity." 5. Hologic (HOLX) upgraded to Buy from Neutral at BofA/Merrill with analyst Ivy Ma saying she sees the company being on "steadier footing with organic growth upside in FY20" thanks to its tuck-in acquisitions. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
10/15/19
BUCK
10/15/19 NO CHANGETarget $150 BUCK Neutral
Buckingham backs Neutral on Whirlpool following AHAM data
Buckingham analyst Megan McGrath maintained a Neutral rating and $150 price target on Whirlpool shares after the Association of Home Appliance Manufacturers, or AHAM, released "strong" U.S. appliance shipment data for the month of September. McGrath noted that AHAM 6 shipment growth in the month fell "slightly," a deterioration from the high single digit growth reported last month, and as a result is keeping her third quarter estimates unchanged at this time. The analyst noted that her revenue growth estimate for Whirlpool's North America business in Q3 is 2.5%, adding that if the company was able to gain share or maintain mid-single digit pricing growth, there could be "some upside" to her estimates. McGrath said her Neutral rating is, in part, based on "slow demand" in the U.S. market and concerns over pricing if demand continues to be lackluster, as well as a slowing end market in Europe.