Barclays Downgrades Stanley Black & Decker to Equal-Weight, Lowers Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell has downgraded Stanley Black & Decker (NYSE:SWK) from Overweight to Equal-Weight and lowered the price target from $100 to $86.
June 04, 2024 | 3:06 pm
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Barclays analyst Julian Mitchell downgraded Stanley Black & Decker from Overweight to Equal-Weight and reduced the price target from $100 to $86.
The downgrade from Overweight to Equal-Weight and the reduction in the price target from $100 to $86 by Barclays is likely to negatively impact investor sentiment and short-term stock price of Stanley Black & Decker.
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