Whirlpool upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs analyst Susan Maklari upgraded Whirlpool to Buy from Neutral with a price target of $160, down from $170. The stock’s current valuation offers a "compelling entry point," the analyst tells investors in a research note. Whirlpool announced a number of initiatives over the last six months aligned with achieving longer-term revenue, margin, cash flow, and return targets, says the firm. Meanwhile, channel checks indicate a stabilization in Whirlpool’s promotional cadence in North America through March, says Goldman.