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Bosch Bid Hype Fades, But Analyst Sees Whirlpool's Potential

Whirlpool Corporation (NYSE:WHR) shares are trading lower today. The stock pulled back after soaring higher yesterday due to news of Robert Bosch GmbH reportedly considering a bid for the company. Goldman Sachs analyst Susan Maklari rated the stock as Buy and price target of $118. The analyst writes that while Robert Bosch holds a 6% share in the global major appliance market, its presence in North America is significantly smaller at 1.5%, while Whirlpool leads with approximately 25% market share in North America and 10% globally based on 2023 ...