RBC Capital lowered the firm’s price target on Whirlpool (WHR) to $51 from $63 and keeps an Underperform rating on the shares after its “weak” Q3 operating earnings and Q4 guide. The company saw more resilient volumes, but this came at the cost of margin, with the net impact driving RBC’s estimates lower, the analyst tells investors in a research note. RBC is cutting its FY26 EPS view to $6.20 from $7.40.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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 WHR:
- Whirlpool price target lowered to $60 from $70 at BofA
- Whirlpool Faces Financial Strain as Credit Ratings Downgrade Hits Hard
- Whirlpool’s Financial Outlook: Hold Rating Amid Operational Challenges and Revised Guidance
- Whirlpool’s Financial Struggles and Revised Outlook Prompt Sell Rating
- Closing Bell Movers: Rambus slips 9%, F5 down 6% after Q3 earnings