Wells Fargo Remains a Hold on Stanley Black & Decker (SWK)
Wells Fargo analyst Joe O’Dea maintained a Hold rating on Stanley Black & Decker today and set a price target of $82.00.
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According to TipRanks, O’Dea is a 5-star analyst with an average return of 11.9% and a 61.87% success rate. O’Dea covers the Industrials sector, focusing on stocks such as Dover, Acuity Brands, and Honeywell International.
In addition to Wells Fargo, Stanley Black & Decker also received a Hold from Morgan Stanley’s Christopher Snyder in a report issued on February 24. However, on February 26, Mizuho Securities maintained a Buy rating on Stanley Black & Decker (NYSE: SWK).
Based on Stanley Black & Decker’s latest earnings release for the quarter ending January 3, the company reported a quarterly revenue of $3.68 billion and a net profit of $158.2 million. In comparison, last year the company earned a revenue of $3.72 billion and had a net profit of $194.9 million
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- Stanley Black & Decker price target raised to $110 from $90 at Mizuho
- Stanley Black & Decker price target raised to $87 from $80 at Morgan Stanley
- Stanley Black & Decker price target raised to $100 from $90 at Citi
- Stanley Black & Decker price target raised to $84 from $78 at Goldman Sachs
- Stanley Black & Decker price target raised to $100 from $89 at Barclays
