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Whirlpool slips after JPMorgan pulls bull rating

Dec. 20, 2022 10:23 AM ETWhirlpool Corporation (WHR)By: Clark Schultz, SA News Editor2 Comments

Sears To Stop Carrying Whirlpool Products

Scott Olson/Getty Images News

JPMorgan downgraded Whirlpool Corporation (NYSE:WHR) to a Neutral rating on Tuesday after having the consumer products stock set at Overweight.

While the firm still views the stock as inexpensive at only roughly 5.2X the 2023 EBITDA

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Comments (2)

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OverTheHorizon profile picture
Will continue to fall with housing and diy slump as consumers defer major purchases:
@OverTheHorizon until it doesn’t, and then those who bought in the 130s or low 40s will be in the money big . That said, I trimmed in upper 40s but held on to a portion. Will load up sooner or later. Watching my indicators .

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