Whirlpool price target lowered to $79 from $85 at RBC Capital

RBC Capital analyst Mike Dahl lowered the firm’s price target on Whirlpool to $79 from $85 and keeps an Underperform rating on the shares. The company reported another sharp miss in North America margins, which makes the now even steeper second-half ramp in margins and free cash flow less achievable while further extending its de-leveraging path, the analyst tells investors in a research note.