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Whirlpool price target lowered to $60 from $70 at BofA

BofA lowered the firm’s price target on Whirlpool (WHR) to 60from60 from 70 and keeps an Underperform rating on the shares after the company reported Q3 adjusted EBIT of 180Mandcut2025adjustedEBITguidancetoabout180M and cut 2025 adjusted EBIT guidance to about 800M from 900Mandfreecashflowguidancetoabout900M and free cash flow guidance to about 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 ...