Mizuho upgraded Stanley Black & Decker to Outperform from Neutral with an unchanged price target of $110. The firm also moved the shares to one of its top electrical equipment and multi-industry picks. Stanley’s setup represents one of the more attractive, non-consensus risk/rewards heading into 2025, the analyst tells investors in a research note. Mizuho sees a “holiday discount” following the stock’s underperformance and says tools are bottoming, the company’s execution has turned a corner, and the tariff picture is now priced into the shares.
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Read More on SWK:
- Stanley Black & Decker upgraded to Outperform from Neutral at Mizuho
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