Wells Fargo Maintains Equal-Weight on Stanley Black & Decker, Lowers Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Joseph O'Dea maintains an Equal-Weight rating on Stanley Black & Decker (SWK) but lowers the price target from $110 to $104.
October 07, 2024 | 8:23 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on Stanley Black & Decker but has lowered the price target from $110 to $104, indicating a more cautious outlook.
The lowering of the price target by Wells Fargo suggests a more cautious outlook on Stanley Black & Decker's future performance. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100