Whirlpool rises after Stifel initiates coverage with 'hold' rating

Whirlpool

09/10/2025 13:22

** Shares of home appliances maker Whirlpool WHR.N rises nearly 1% to $78 premarket

** Stifel initiates coverage on WHR with "hold" rating and $80 PT, which implies an upside of 3.7% from the stock's last close

** Company faces tough U.S. market and weak smart product adoption, but sees support from strong cash flow and stable dividend, says brokerage

** WHR's domestic manufacturing is a strength, but delayed tariffs have led to excess imports and rising competitive pressure - Stifel

** Two of 11 brokerages rate the stock "buy", 6 "hold" and 3 "sell"; median PT is $87.12 - data compiled by LSEG

** As of last close, shares down 32.6% YTD

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))