Mizuho initiates Whirlpool with 'neutral' rating; flags margin pressure

Whirlpool

20/04/2026 13:33

** Mizuho initiates home appliance firm Whirlpool WHR.N with "neutral" rating; sets price target at $55

** PT represents a 3.2% downside to stock's last close

** "Near-term margin pressure from tariffs, lower shipments, persisting consumer softness and potential for another dividend cut on the back of elevated earnings risk keeps us sidelined," brokerage says

** However, adds that co's targeted restructuring plan and $300 mln multi-year facelift in laundry creates an opportunity to improve operational performance over time

** As of last close, shares down 21.2% YTD

 (Reporting by Parth Chandna)

 ((Parth.Chandna@thomsonreuters.com;))