Stanley Black & Decker rises after Mizuho hikes PT

Power tool maker Stanley Black & Decker's SWK.N shares rise 1% to $72 in early trading

Mizuho raises PT to $90 from $80, an upside of 27.3% to the stock's last close

Reiterates rating of 'outperform'

Says 90-day pause of tariffs on China provides significant tailwind to co

Brokerage says that despite earlier uncertainty on co's long-term outlook, recent tariff cuts helped investor worries subside

Co on April 30 reported Q1 profit that beat analysts' estimates

Seven of 21 brokerages rate the stock "buy" or higher, twelve "hold" and two "sell" or lower; their median PT is $83 - data compiled by LSEG

Including session's moves, shares down 11% YTD