Stanley Black & Decker, Inc. (NYSE: SWK) is among the 15 Best Passive Income Stocks to Buy Right Now. UBS raised its target on SWK to $105 from $100, maintaining a Buy rating. Q3 2025 revenue was $3.8 billion, with gross margin at 31.4%. SWK progressing towards $2 billion cost reduction plan by 2025.

CEO Nelson aims for a 35% adjusted gross margin, reinforcing the balance sheet. Investments in DEWALT, STANLEY, and CRAFTSMAN brands. Shifting to a brand-focused, market-supported model. SWK manufactures tools, storage products, and industrial solutions under well-known brands.

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Read more at Yahoo Finance: UBS Lifts Stanley Black & Decker (SWK) Target, Reaffirms Buy Rating