Whirlpool assumed with a Hold at Loop Capital

Loop Capital assumed coverage of Whirlpool (WHR) with a Hold rating and $88 price target The firm is citing the pending improved visibility into demand and mix headwinds that are expected to continue through the second half of the year for its neutral stance, the analyst tells investors in a research note. Loop adds however that Whirlpool has a number of future potential catalysts for patient long-term investors, including its U.S.-based manufacturing footprint that makes the company a primary beneficiary of the Trump Administration’s new tariff and trade policies.