Barclays Maintains Overweight on Stanley Black & Decker, Lowers Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Overweight rating on Stanley Black & Decker (NYSE:SWK) but lowers the price target from $120 to $105.
October 30, 2023 | 1:55 pm
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Barclays maintains an Overweight rating on Stanley Black & Decker but lowers the price target from $120 to $105.
The news is directly about Stanley Black & Decker. Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target from $120 to $105 might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100