Stanley Black & Decker rises on Q1 profit beat

Shares of Stanley Black & Decker SWK.N rise 1% to $62, premarket, as Q1 profit beat analyst estimates

Co posted Q1 adj profit of 75 cents/share, compared with analysts' average estimate of 66 cents/share, according to data compiled by LSEG

SWK posted Q1 revenue of $3.74 bln, topping estimates of about $3.69 bln

6 of 21 brokerages rate the stock "buy" or higher, 13 "hold" and 2 "sell" or lower; their median PT is $88.50 - LSEG

As of last close, stock down 23.7% YTD