BofA lowered the firm’s price target on Whirlpool (WHR) to $67 from $107 and keeps an Underperform rating on the shares. The firm lowered 2025 and 2026 forecasts for the building products names under its coverage by about 4% and 6%, respectively, on average to reflect weaker renovation and remodel spending, slower new construction and potential tariffs impacts, noting that it also lowered price targets among the group by about 17% on average.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
