Stanley Black & Decker posts Q3 revenue in line with estimates, cuts forecast
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Stanley Black & Decker reported Q3 revenue of $3.756 billion, meeting analyst expectations, with adjusted EPS of $1.43 surpassing consensus. The company experienced gross margin expansion due to effective pricing strategies and supply chain efficiencies. However, it revised its 2025 GAAP EPS forecast to $2.55-$2.70 and adjusted EPS to approximately $4.55. The stock holds a median 12-month price target of $86.00, reflecting a 22.8% upside from its recent closing price of $66.36. Analyst ratings are mixed, with a consensus of 'hold.'
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