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BofA analyst Ross Gilardi downgraded Stanley Black & Decker, Inc. (NYSE:SWK) to Underperform from Neutral and lowered the price target to $170 (implying a downside of 5%) from $230. The analyst cites the company’s “lackluster” Q3 results amid slowing core Tools & Storage business and negative comps likely coming in the first half of FY22.
...read full article on Benzinga
