Companies Reporting Before The Bell
• LendingTree (NASDAQ:TREE) is estimated to report quarterly earnings at $0.57 per share on revenue of $292.63 million.
Stanley Black & Decker, Inc. (NYSE: SWK) and Toro Co (NYSE: TTC) face a potential risk in the medium term due to a legislative development in California, an analyst at BofA Securities said.
Wells Fargo analyst Joseph O'Dea initiated coverage of machinery companies Parker-Hannifin, Stanley Black & Decker, Otis Worldwide, Dover, and Ingersoll-Rand.
Morgan Stanley analyst Joshua Pokrzywinski maintains Stanley Black & Decker (NYSE:SWK) with a Overweight and lowers the price target from $234 to $215.
If history is any guide, there may be trouble ahead for shares of Stanley Black & Decker(NYSE:SWK). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.