Bullishcharts

$WHR Whirlpool upgrade to Buy with $165 PT

Long
NYSE:WHR   WHIRLPOOL CORP
Entry level $145.62 = Target price $ 152.76 = Stop loss $143.56
Indicators all in bullish reversal.
Bounce of the rising 200MA.
Today's upgrade
Whirlpool initiated with a Buy at Goldman Sachs. Goldman Sachs analyst Susan Maklari initiated coverage of Whirlpool with a Buy rating and $165 price target. With North America appliance pricing and promotions remain a key topic for investors, Whirlpool management's "newly-found" discipline shows signs of staying power as it re-builds profitability, Maklari tells investors in a research note. Further, Whirlpool is expected to lock in favorable steel pricing at the end of 2019, adds the analyst, who views the stock's valuation as attractive.
Source thefly.com
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