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Bank of America has downgraded its price target for Whirlpool (WHR) from $107 to $67, maintaining an Underperform rating amid concerns over tariff impacts and a slowdown in the building products sector. The firm anticipates a 4% and 6% reduction in financial forecasts for 2025 and 2026, respectively, reflecting a cautious outlook on growth and profitability. WHR stock closed at $77.00, down $1.80, ahead of the company's quarterly conference call scheduled for Thursday morning.
The DeFi sector has surged, achieving a 210% increase year-to-date and a 58% rise this month, outperforming Bitcoin and other sectors. Curve DAO Token leads monthly gains at nearly 300%, while Aerodrome Finance tops year-to-date performance at 4,461%. Despite this growth, the Total Value Locked (TVL) remains below its all-time high, with Ethereum dominating TVL rankings.
LG Electronics has reported a profit margin of 10.42 percent for FY24, outperforming competitors like Samsung India and other household appliance manufacturers such as Voltas and Whirlpool. The company credits its superior margins to high operating efficiency and boasts one of the largest in-house production capacities in the industry.
Whirlpool S.A.
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bank of america downgrades whirlpool stock price estimates amid market uncertainty
00:41 22.04.2025
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22:12 14.12.2024
LG India Achieves Strong Profit Margins Amidst Competitive Consumer Durables Market
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04:31 09.12.2024
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