Baird Maintains Outperform on W.W. Grainger, Lowers Price Target to $790
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Manthey has maintained an Outperform rating on W.W. Grainger (NYSE:GWW) but lowered the price target from $795 to $790.

July 28, 2023 | 11:54 am
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NEUTRAL IMPACT
W.W. Grainger's price target has been lowered by Baird from $795 to $790, though the Outperform rating is maintained.
The news is directly about W.W. Grainger and is likely to influence investor sentiment. While the Outperform rating is maintained, which is positive, the lowering of the price target might be seen as a slight negative. However, the change is relatively small, so the overall impact is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100