JP Morgan Maintains Neutral on Whirlpool, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Rehaut has maintained a Neutral rating on Whirlpool (NYSE:WHR) but increased the price target from $104 to $120.

December 14, 2023 | 11:53 am
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POSITIVE IMPACT
JP Morgan analyst Michael Rehaut maintains a Neutral rating on Whirlpool but raises the price target from $104 to $120.
The increase in price target by JP Morgan suggests a positive outlook on Whirlpool's valuation, which could lead to a short-term increase in the stock price. However, the Neutral rating indicates that the analyst does not see significant upside or downside potential from the current level, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100