Morgan Stanley Raises Stanley Black & Decker (SWK) Price Forecast, Cites Margin Recovery Potential

robot
Abstract generation in progress

Morgan Stanley raised its price target for Stanley Black & Decker (SWK) to $87 from $80, maintaining an Equal Weight rating, citing potential for EPS improvement driven by stronger gross margins. Despite the increase, the firm noted ongoing challenges like intense competition and a slow recovery in the Tools & Outdoor segment, observing no clear catalyst for a significant turnaround. The company also announced a regular first-quarter cash dividend of $0.83 per common share.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)