Whirlpool price target lowered to $60 from $70 at BofA
BofA lowered the firm’s price target on Whirlpool (WHR) to 70 and keeps an Underperform rating on the shares after the company reported Q3 adjusted EBIT of 800M from 200M from $400M. Following the Q3 report, the firm lowers its 2025 and 2026 EBITDA forecasts by 8% and 6%, respectively, to reflect a weaker gross margin outlook. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50 ...