Barclays lowered the firm’s price target on Stanley Black & Decker to $89 from $90 and keeps an Overweight rating on the shares post the earnings report. The firm says Stanley is one of the only multi-industry names with a low multiple on low earnings.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SWK: