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.”
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SWK: