Barclays Maintains Equal-Weight on Stanley Black & Decker, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Julian Mitchell maintains an Equal-Weight rating on Stanley Black & Decker (NYSE:SWK) and raises the price target from $96 to $100.
October 02, 2024 | 6:12 pm
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Barclays analyst Julian Mitchell has maintained an Equal-Weight rating on Stanley Black & Decker and increased the price target from $96 to $100, indicating a slightly positive outlook.
The increase in the price target from $96 to $100 by Barclays suggests a slightly positive outlook for Stanley Black & Decker. Maintaining an Equal-Weight rating indicates that the stock is expected to perform in line with the market. The raised price target could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100