Information Provided By:
Fly News Breaks for December 11, 2019
GWW
Dec 11, 2019 | 07:29 EDT
Morgan Stanley analyst Joshua Pokrzywinski upgraded Grainger to Equal Weight from Underweight with a price target of $338, up from $281.
News For GWW From the Last 2 Days
GWW
Aug 3, 2021 | 09:54 EDT
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. ZoomInfo (ZI) assumed with an Outperform at RBC Capital. 2. Tractor Supply (TSCO) initiated with a Buy at Benchmark. 3. Applied Industrial Technologies (AIT) initiated with a Buy at Loop Capital. 4. Grainger (GWW) initiated with a Buy at Loop Capital. 5. MSC Industrial (MSM) initiated with a Hold at Loop Capital. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
GWW
Aug 3, 2021 | 07:08 EDT
Loop Capital analyst Chris Dankert initiated coverage of Grainger with a Buy rating and $525 price target. The analyst expects the company to generate accelerated sales growth and market share gains led by expansion of the Endless Assortment businesses, which are "rapidly achieving meaningful scale". Dankert adds that as these businesses mature, profitability should continue to improve, driving earnings upside.