RBC Capital Maintains Outperform on WESCO Intl, Lowers Price Target to $189
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Deane Dray has maintained an 'Outperform' rating on WESCO Intl (NYSE:WCC) but lowered the price target from $214 to $189.

August 04, 2023 | 4:02 pm
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WESCO Intl's price target has been lowered by RBC Capital from $214 to $189, although the 'Outperform' rating is maintained.
The lowering of the price target by RBC Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100