Morgan Stanley Maintains Underweight on W.W. Grainger, Raises Price Target to $653
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Stephen Grambling maintains an Underweight rating on W.W. Grainger (NYSE:GWW) and raises the price target from $647 to $653.
July 28, 2023 | 5:15 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Underweight rating on W.W. Grainger and raises the price target from $647 to $653. This could potentially impact the stock's performance.
The news is directly related to W.W. Grainger as Morgan Stanley maintains an Underweight rating on the company and raises the price target. This could influence investors' perception of the stock and potentially impact its price. However, the direction of the impact is uncertain as the rating is Underweight but the price target is raised.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100