Whirlpool downgraded at Bank of America after poor results, dividend cut
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最新报道：Whirlpool shares fell 12% after Bank of America downgraded the appliance maker to "underperform" following disappointing Q2 earnings and a dividend cut. The company reported a 15% revenue decline to $4.5 billion, missing estimates, with CEO Marc Bitzer citing "persistent inflation and weak demand in key markets." BofA slashed its price target to $85 from $120, noting Whirlpool's 60% dividend reduction signals ongoing challenges. The stock has dropped 30% year-to-date as consumers delay big-ticket purchases amid economic uncertainty.
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