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Stanley Black & Decker price target raised to $75 from $65 at Baird

Baird analyst Timothy Wojs raised the firm’s price target on Stanley Black & Decker to $75 from $65 and keeps a Neutral rating on the shares. The firm’s says its residential building product channel checks remained “sluggish” in Q2 amid weaker new construction starts and tariff uncertainty. As such, Baird prefers stocks with company-specific value drivers.

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