Whirlpool price target lowered to $60 from $70 at BofA

Core Viewpoint - Bank of America has lowered its price target on Whirlpool (WHR) to $60 from $70 and maintains an Underperform rating following the company's Q3 performance and revised guidance [1] Financial Performance - Whirlpool reported Q3 adjusted EBIT of $180 million [1] - The company has cut its 2025 adjusted EBIT guidance to approximately $800 million from $900 million [1] - Free cash flow guidance has also been reduced to about $200 million from $400 million [1] Forecast Adjustments - Following the Q3 report, Bank of America has lowered its 2025 EBITDA forecast by 8% and its 2026 EBITDA forecast by 6% [1] - The adjustments reflect a weaker gross margin outlook for the company [1]