UBS raised the firm’s price target on Stanley Black & Decker to $110 from $100 and keeps a Buy rating on the shares. The rate of change in gross margins, the key performance indicator for the company, “remains positive,” the analyst tells investors.
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Read More on SWK:
- Stanley Black & Decker upgraded to Buy from Hold at Zelman
- Stanley Black & Decker downgraded to Underperform at Wolfe Research
- Stanley Black & Decker price target raised to $92 from $85 at Baird
- Stanley Black & Decker price target raised to $100 from $90 at Mizuho
- Stanley Black & Decker narrows FY23 adjusted EPS view to 70c-$1.30 from 0c-$2.00
