Mizuho analyst Brett Linzey raised the firm’s price target on Stanley Black & Decker to $110 from $90 and keeps an Outperform rating on the shares. The firm sees an intriguing” risk/reward at current share levels. It cites Stanley’s solid execution and rising peer valuations for the target boost.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SWK:
- Stanley Black & Decker price target raised to $87 from $80 at Morgan Stanley
- Stanley Black & Decker price target raised to $100 from $90 at Citi
- Stanley Black & Decker price target raised to $84 from $78 at Goldman Sachs
- Stanley Black & Decker price target raised to $100 from $89 at Barclays
- Stanley Black & Decker Earnings: Margins Up, Volumes Down
