Stanley Black & Decker (SWK) Tops Q2 EPS by 12c; CEO Lundgren to Reitre
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UBS Raises Price Target on Stanley Black & Decker (SWK) to $135 Following 2Q
July 25, 2016 8:43 AM EDTUBS reiterated a Buy rating on Stanley Black & Decker (NYSE: SWK), and raised the price target to $135.00 (from $125.00), following the company's 2Q. SWK raised 2016 EPS guidance to $6.30-$6.50 (prior $6.20-$6.40) on better than expected organic growth and productivity/cost reductions.
Analyst Shannon O'Callaghan commented, "Tools & Storage organic... More
Imperial Capital Raises Price Target on Stanley Black & Decker (SWK) Following 2Q and Management Change
July 25, 2016 7:05 AM EDTImperial Capital reiterated an In-Line rating on Stanley Black & Decker (NYSE: SWK), and raised the price target to $125.00 (from $107.00), following the company's 2Q earnings report. SWK reported quarterly revenue of $2.93bn was slightly above the Street's estimate of $2.91bn. Diluted EPS of $1.84 was... More
