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Stanley Black & Decker price target lowered to $69 from $70 at Barclays

Barclays lowered the firm’s price target on Stanley Black & Decker to $69 from $70 and keeps an Equal Weight rating on the shares. The firm says Stanley’s under-production in 2025 could serve to free up more cash flow, even though the earnings effects from cost absorption “may be punitive short term.”

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