Jefferies analyst Jonathan Matuszewski raised the firm’s price target on Stanley Black & Decker to $86 from $82 and keeps a Buy rating on the shares. Investor attention has been centered around Chris Nelson succeeding Don Allan, Jr. as president and CEO in the coming weeks, though there are additional shifts, according to the firm. Checks show Stanley Black & Decker hired a new VP of global quality and a new VP of engineering excellence earlier this month, Jefferies told investors. The firm expects both to support the company’s return to sustainable organic growth.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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:
- Stanley Black & Decker price target raised to $75 from $70 at Wells Fargo
- 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