Loop Capital keeps a Buy rating and $135 price target on Whirlpool but notes that the firm’s recent conversation with its CFO has left it more confident in the company’s ability to continue paying its dividend. The sale of the majority of the EMEA business is likely to free up $250-350M of incremental free cash flows in 2025 and beyond, and this would imply a minimum of $800M of free cash flow in 2025, the analyst tells investors in a research note.
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