Bull of the Day: Whirlpool (WHR)
by Zacks Equity ResearchDecember 21, 2012 | Comments : 0 Recommended this article: (0)
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The company continues to be the largest maker of home appliances in the world by focusing on innovative product range. Further, its cost containment measures have started bearing fruit. As a result, the company has upgraded its full-year 2012 EPS guidance.
Our long-term Outperform recommendation on the stock indicates that it will perform better than the broader market. Our $123.00 target price, 17.5x our 2012 EPS estimate, reflects this view.