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Fly News Breaks for December 6, 2019
Dec 6, 2019 | 05:20 EDT
Goldman Sachs analyst Susan Maklari initiated coverage of Whirlpool with a Buy rating and $165 price target. With North America appliance pricing and promotions remain a key topic for investors, Whirlpool management's "newly-found" discipline shows signs of staying power as it re-builds profitability, Maklari tells investors in a research note. Further, Whirlpool is expected to lock in favorable steel pricing at the end of 2019, adds the analyst, who views the stock's valuation as attractive.