Whirlpool Gains As JPMorgan, Goldman Reiterate Confidence By Investing.com
Dhirendra Tripathi Investing.com – Whirlpool (NYSE:WHR) rose more than 2.5% in Wednesday’s premarket trading as two banks, Goldman Sachs (NYSE:GS) and JPMorgan (NYSE:JPM), reiterated their faith in the company’s stock. The $280 target at Goldman Sachs represents an upside of almost 29% for the Whirlpool stock. JPMorgan has a $278 target for the consumer durable stock. Goldman Sachs analyst Susan Maklari tracked appliance prices across four major retailers to better assess the competitive and promotional environment around the July 4 holiday. The analyst said Whirlpool’s promotional discounts were the least at 6%, down from 10% a...
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