Wells Fargo analyst Joseph O’Dea raised the firm’s price target on Stanley Black & Decker to $75 from $70 and keeps an Equal Weight rating on the shares. The firm believes the key focus is T&O margin acceleration in the second half of the year. It’s price-driven on full realization of pricing implemented in Q2, with more planned for Q4. Supply chain actions will also contribute. So far, demand response to pricing is pacing as expected, Wells adds.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
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 $80 from $78 at Goldman Sachs
- Stanley Black & Decker price target lowered to $89 from $90 at Barclays
- Stanley Black & Decker Reports Steady Q2 2025 Performance
- Stanley Black & Decker’s Mixed Earnings Call Insights
- Stanley Black & Decker raises FY25 adjusted EPS view to $4.65 from $4.50
