Whirlpool falls as BofA cuts price objective

Whirlpool WHR.N shares fall 3.7% to $75.95

Bank of America Global Research cuts price objective for WHR to $67 from $107, reiterates "underperform", citing uncertainty due to tariffs and weaker growth outlook

The new price target represents 15% downside to the stock's last close

BofA flags challenging industry backdrop and potential tariff headwinds

Lowers 2025 EPS target by 9% on softer residential repair and remodel demand

Co's earnings has beat Wall Street expectations for last two consecutive quarters

Three of 11 brokerages rate the stock "buy" or higher, five "hold" and three "sell"; their median PT is $109 - LSEG data

As of last close, stock had fallen 33.6% YTD