Whirlpool shares climb premarket as Germany's Bosch reportedly eyes possible bid

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RBC Capital Reiterates Underperform Rating on Whirlpool Corporation (WHR), 'Unconfirmed Bosch Consideration of Acquisition Offer'

June 26, 2024 8:55 AM EDT

RBC Capital analyst Mike Dahl reiterated an Underperform rating and $79.00 price target on Whirlpool Corporation (NYSE: WHR)

The analyst comments "Net, clearly this is likely to drive meaningful short-covering in the near term with the buy-side positioning currently skewed heavily negative (~13%... More