Research Alert: CFRA Raises Opinion On Shares Of Whirlpool Corp. To Buy From Hold
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CFRA has upgraded its opinion on Whirlpool Corp. shares from Hold to Buy, lowering the 12-month price target to $60. The 2026 EPS estimate is reduced to $3.25, and 2027 to $6.00, reflecting a challenging first quarter with a normalized EPS loss of -$0.56. Net sales fell 9.6% to $3,273M, impacted by macroeconomic issues and a decline in U.S. appliance demand due to the war in Iran. Despite current challenges, CFRA believes value exists for long-term investors, anticipating a significant earnings rebound in 2027 and 2028.
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