Stanley Black & Decker price target lowered to $118 from $135 at Citi

Citi analyst Eric Lau lowered the firm’s price target on Stanley Black & Decker to $118 from $135 and keeps a Buy rating on the shares following the Q4 report. The firm attributes the post-earnings selloff to the slower than expected guidance of sales growth and gross margin expansion trend, although it notes the company kept a long-term target of delivering gross margin at 35%. It reduced earnings estimates by up to 23% over 2025 and 2026.