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Fly News Breaks for April 19, 2017
GWW
Apr 19, 2017 | 09:31 EDT
Stephens analyst Matt Duncan lowered his price target for Grainger to $190 from $265, citing the company's Q1 miss and a "significant reduction" to 2017 guidance caused by price actions Grainger is taking to win back volume. The analyst reiterates an Equal Weight rating on the shares.
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